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LUNC, LUNA powers up as the infamous crypto outlaw got yet another chance to avoid SEC Chair Gary Gensler's iron first.

A Montenegro appeals court has invalidated the decision to extradite Do Kwon to the United States.

The decision by the Appellate Court of Montenegro to overturn the previous extradition order marks a pivotal moment for Do Kwon. Following his arrest amidst Terra's challenges in mid-2022, Kwon's legal journey has been arduous.

Amidst the tumultuous legal landscape, Terra (LUNA) experiences a remarkable surge of 42% with a current price of $1.181, capturing the attention of the cryptocurrency community. However, this surge coincides with a heated legal battle between Terraform Labs, the company behind Terra, and the U.S. Securities and Exchange Commission (SEC).

A Montenegrin court has overturned a decision that would have led to the extradition of cryptocurrency entrepreneur Do Kwon to the United States. Kwon, whose real name is Kwon Do-hyung, is the founder of Terraform, a company that experienced a dramatic collapse in 2022.

Terra (LUNA) experiences a notable 42% surge amid its legal battle with the SEC. Terraform Labs is defending its legal stance against SEC objections in bankruptcy proceedings, raising uncertainty about its future.

As the market leader achieved a new all-time high, the crypto market experienced a massive uptrend in valuation. Despite the industry witnessing a significant correction shortly after the ATH, top altcoins continue to trade under a strong bullish influence. Further, the Terra Classic (LUNC) and Terra 2.

Amidst the tumultuous legal landscape, Terra (LUNA) experiences a remarkable surge of 42% with a current price of $1.181, capturing the attention of the cryptocurrency community. However, this surge coincides with a heated legal battle between Terraform Labs, the company behind Terra, and the U.S. Securities and Exchange Commission (SEC).

The rebooted LUNA and LUNA Classic (LUNC) both skyrocketed on Tuesday on news of Terra founder Do Kwon's latest legal developments.

Do Kwon, the co-founder and ex-CEO of Terraform Labs, notched a minor victory on Tuesday when the Montenegrin Appeals Court quashed last month's Supreme Court decision that would have seen him deported to the United States to face fraud charges.

An appeals court in Montenegro has overturned a previous ruling to extradite Terraform Labs founder Do Kwon to the US, the court said Tuesday.

In a recent court filing, bankrupt cryptocurrency firm Terraform Labs has strongly criticized the US Securities and Exchange Commission (SEC) for its objection to a $166 million retainer paid to law firm Dentons.

In a pivotal legal reversal, Montenegro's Court of Appeals has annulled the extradition of Terraform Labs co-founder Do Kwon to the United States, siding with his defense's appeal and invalidating a prior High Court ruling from Feb. 20. Montenegro's Appeal Court Blocks Do Kwon's U.S.

Once again, the case will head to a lower court to be retried. Terra founder Do Kwon faces charges over the collapse of LUNA and UST.

Do Kwon's extradition remains unsettled, after the appeal court in Montenegro annulled a recent ruling to extradite Kwon to the United States.

On Tuesday, March 5, the Appellate Court of Montenegro has overruled the decision of the High Court of Podgorica, which had approved the extradition of Terraform Labs co-founder Do Kwon to the United States for criminal prosecution.

The Montenegro Court of Appeals has ruled against fugitive Do Kwon's extradition to the United States to face fraud charges.

Terraform Labs co-founder Do Kwon's extradition to the US was annulled by the Appellate Court of Montenegro, according to a Mar. 5 notice on the Court's website. This development occurs amid bankrupt Terraform Labs' recent legal wrangle with the US SEC.

A court in Montenegro overturned a previous court's ruling to extradite the imprisoned co-founder of the Terra (CRYPTO: LUNA) blockchain network Do Kwon to the United States. What Happened: The initial ruling by the Higher Court in Podgorica on Feb. 20, 2024, had approved the expedited extradition of South Korean national Kwon to the U.S., following a request by the United States for his criminal prosecution for multiple offenses.

Do Kwon scores a win after a Montenegro Appellate Court overturned a lower court's decision to extradite him.

Third refusal of extradition to the United States for the co-founder of Terraform Labs

The ongoing legal saga surrounding Terraform Labs co-founder Do Kwon takes a new turn as the Appellate Court of Montenegro reverses a lower court's ruling on his extradition to the United States.

Montenegro's Appeals Court overturns the extradition of Do Kwon to the US, citing procedural violations and ordering a new review.

The Appellate Court of Montenegro has overturned a previous ruling to extradite Do Kwon, the incarcerated co-founder of the Terra blockchain network, to the United States.