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Montenegro High Court has favored an extradition request of Do Kwon to the United States over South Korea.

Do Kwon, the co-founder of Terraform Labs, who has been residing in Montenegro since his arrest in March 2023, is reportedly set to be extradited to the United States to face charges related to financial fraud.

Terra founder Do Kwon will be extradited to the U.S. following months of back and forth between courts in Montenegro.

In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea's request for his extradition. The court's ruling comes after extensive deliberations on the legal and political implications of the extradition. Report Details Do Kwon's U.S.

The High Court of Podgorica in Montenegro reportedly rejected a request to extradite Terraform Labs co-founder Do Kwon to South Korea.

Terraform Labs co-founder Do Kwon will be headed to the U.S. where he faces fraud claims that led to devastating losses for U.S. investors.

TL;DR Do Kwon will be extradited to the US after Montenegro rejected South Korea's request. Priority at US request highlights importance of diplomatic relations. Case includes forged passports, highlighting need for stricter cryptocurrency regulations.

Montenegro Supreme Court rules to extradite Terra's Do Kwon to the US, rejecting South Korea's request and highlighting legal and political factors.

In a landmark decision, Montenegro's Podgorica High Court has green-lighted the extradition of Do Kwon, the erstwhile CEO of Terraform Labs, to the United States.

With the crypto market on the verge of reclaiming the $2Trillion mark, the buyers are making a comeback for a bullish year. Further, Bitcoin Halving sets a strong recovery tone for the altcoin season, teasing a stronger jump in the coming weeks.

Terra Luna has proposed a governance discussion proposal to establish deep stablecoin and Cosmos (ATOM) token liquidity on Terra. The proposal is in line with Terraform Labs chief executive officer (CEO) Chris Amani's plan to have the deepest stablecoin liquidity in Cosmos, becoming the only ecosystem that has “defi-sufficient” liquidity for both Cosmos and non-Cosmos

Do Kwon, the co-founder of Terraform Labs, has recently secured a significant legal victory in Montenegro, successfully overturning an extradition order to the United States.

Terraform Labs co-founder Do Kwon has clinched a significant victory with his successful second appeal to evade extradition to the United States, as per the latest announcement from the appellate court of Montenegro, unveiled on Thursday.

Do Kwon again forestalled extradition to meet charges over Terra's demise after a Montenegro court overturned approval of South Korea and U.S. extradition requests

In a significant turn of events, Do Kwon, the founder of Terraform Labs, has once again evaded extradition to the United States as the Montenegro government reversed its decision.

The Appeals Court of Montenegro has reversed the decision of the High Court for the extradition of Do Kwon, co-founder of Terraform Labs, to the United States, in response to an appeal from his legal defense team.

The former Chief Financial Officer of Do Kwon's Terraform Labs Korea, Han Chang-joon, 37, has been officially detained following the issuance of an arrest warrant by the Seoul Southern District Court, as local news agency Newsis reports.

These are the legal technicalities that led to Do Kwon escaping extradition from Montenegro for a second time.

Do Kwon, founder and ex-CEO of the now-defunct Terraform Labs, has notched a minor victory after a court in Montenegro cancelled his extradition to the United States for the second time.

An appellate court in Montenegro is revoking the extradition of disgraced Terra (LUNA) founder Do Kwon to the US and has ordered a retrial.

Terraform Labs co-founder Do Kwon has successfully won a second appeal to avoid extradition to the US, according to a translated release from the appellate court of Montenegro published Thursday.

In a significant legal turnaround, the Appellate Court of Montenegro issued a decision on Feb. 7, 2024, overturning the previous ruling of the High Court in Podgorica concerning the extradition of Terraform Labs founder Hyeong Do Kwon. The court's decision was announced in a press release published on Feb. 8.

The appellate court concluded that the initial decision to extradite Kwon was influenced by substantial violations.

As per the latest ruling, a Montenegro court has accepted the appeal of Terra's co-founder Do Kwon, rejecting his extradition to South Korea and the United States.