Do Kwon's Extradition Cleared; Where Will He Face Justice?
Wanted by many, Do Kwon's extradition destination now depends on the Montenegrin Minister of Justice.
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Wanted by many, Do Kwon's extradition destination now depends on the Montenegrin Minister of Justice.
Do Kwon's legal team have three days to appeal the ruling.
The recent ruling by a Montenegran high court puts the onus of determining Do Kwon's extradition destination on the country's Justice Minister, Andrej Milovic.
Montenegro's High Court has once again approved the extradition of Do Kwon, a key figure in the cryptocurrency Terra Luna crash, paving the way for a potential transfer to the United States.
The High Court of Montenegro, in Podgorica, has accomplished the phase of its report on the extradition of Terraform Labs' co-founder Do Kwon, while the country's Justice Minister Andrej Milović is getting a proposal to make the decision.
It's unclear if the Terraform Labs co-founder's lawyers intended to appeal the court decision, which would again delay any possible extradition to the United States or South Korea.
According to South Korean local media outlet YNA, a Montenegro court has again approved the extradition of the embattled Terraform Labs co-founder Do Kwon. This development occurred less than a week after the Supreme Court of Montenegro invalidated a ruling recommending Kwon's extradition to South Korea.
The ongoing legal drama surrounding Do Kwon, cofounder of Terraform Labs, takes on a new twist as his fate hangs in the hands of the Minister of Justice.
The High Court in Montenegro, after re-evaluating the upturn of Do Kwon's extradition to South Korea by the Local Supreme Court, has ruled that the legal requirements to send the embattled Terraform Labs co-founder to either the United States or Korea have been fulfilled. The Do Kwon Extradition Saga The Montenegro High Court cleared Do
A Montenegrin court has again moved forward with Do Kwon's extradition after it was annulled last week
The Montenegrin court again approved the extradition of Kwon Do-hyeong, a key figure in the cryptocurrency Terra Luna crash, reigniting the legal battle surrounding his extradition. This decision comes after the local Supreme Court invalidated the previous ruling, necessitating a fresh review of the extradition process.
The Montenegro court approves Do Kwon extradition to the US, pending the Justice Minister's decision.
Terraform Labs Pte. and co-founder Do Kwon were found liable for fraud in a US government lawsuit over the firm's 2022 collapse.
A United States District Court has found that Terraform Labs and the company co-founder, Do Kwon, defrauded investors in crypto asset securities. In a post published by the Securities and Exchange Committee's (SEC) Division of Enforcement, the Southern District of New York's District Court reached the decision after a nine-day trial.
Montenegro, caught in the crossfire of extradition battles between the United States and South Korea, has recently witnessed a significant turn of events in the case of disgraced crypto mogul Do Kwon.
In a significant turn of events, Montenegro's Supreme Court has recently overturned a previous ruling that aimed to extradite Do Kwon, co-founder of Terraform Labs Pte., to South Korea.
Montenegro's Supreme Court favors Do Kwon extradition to the US for fraud charges linked to TerraUSD collapse.
The defendants are responsible for deceiving investors with the algorithmic stablecoin Terra USD.
A jury in Manhattan found Terraform Labs and its founder, Do Dkwon, guilty of civil fraud charges on Friday, April 5. The jury claimed Kwon and his company misled investors before the 2022 collapse of their ecosystem.
A jury in New York has found Terra founder Do Kwon responsible for civil fraud charges.
A federal trial court jury has found collapsed crypto company Terraform Labs and its founder Do Kwon liable in the fraud charges brought by the U.S. Securities and Exchange Commission (SEC) in February last year.
The verdict is in, my dudes and dudettes! Do Kwon and Terraform Labs have officially been found liable for misleading their investors.
Last week, a jury in New York declared Terraform Labs and its founder Do Kwon guilty of fraud charges. The meme coin narrative garnered attention, and Ripple looked to launch a USD-backed stablecoin.
One of the latest legal developments in the Montenegro Supreme Court relate to demands for Kwon of Do extradition, the co-founder of Terraform Labs Inc., which is quite a heavy knock with Kwon, because of a lot of legal challenges, that he has faced before.