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The Terraform Labs co-founder has been in Montenegro since his arrest in 2023, potentially facing extradition to either his native South Korea or the United States.
Do Kwon's extradition from Montenegro has been delayed yet again.
Montenegro's Supreme Court has delayed the extradition of Do Kwon, the controversial founder of Terraform Labs, to South Korea. The decision comes after the Supreme State Prosecutor's Office filed a request for a legal review on August 2.
Montenegro's Supreme Court delays the extradition of Do Kwon to South Korea for legal review.
The Supreme Court of Montenegro has delayed the extradition of Do Kwon, the embattled founder of Terraform Labs, to South Korea. This decision came in response to a request for the protection of legality filed by the Supreme State Prosecutor's Office (VDT) on August 2, 2024.
Can Terra Classic (LUNC) bounce back after the recent price drop? We explore whether it has the potential to reach new highs again.
The Montenegrin Supreme Court has delayed the extradition of Do Kwon to South Korea.
A South Korean court has ordered Dumamu, the operator of the crypto exchange Upbit, to compensate a customer for delaying a LUNC transfer just before the Terra ecosystem crash.
The Terra LUNA Classic community is keeping a close track as Genuine Labs starts voting on the Tax2Gas proposal. The implementation primarily focuses on streamlining gas fees and tax conversions, which in turn could bump up the LUNC value.
Over 2 years after LUNA and UST's collapse, Do Kwon is being sent back home.
Cryptocurrencies commenced August negatively due to growing uncertainties from macro factors and intense geopolitical tensions. Terra Classic price reacted by plunging further to $0.000075, mirroring widespread losses witnessed across the altcoin sector, led by Ethereum's drop to $3,000.
An appellate court in Montenegro has upheld the decision of a lower court on the extradition case of Terraform Labs co-founder Do Kwon. Kwon is facing criminal charges in his native South Korea and the US for the $40 billion crash of the TerraUSD stablecoin and its companion token, Luna.
On August 1, the Montenegro Appellate Court confirmed its decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea.
On Thursday, the Appellate Court of Montenegro upheld a prior ruling from the High Court of Podgorica, determining that Kwon should face charges in South Korea. This decision overrides a competing request from the United States, which also sought his extradition to face charges related to the collapse of the Terra/LUNA ecosystem, a debacle that wiped out $40 billion in market value in May 2022.
In a significant legal development, a Montenegrin appeals court has upheld the decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea.
After a drawn-out legal battle spanning over 16 months, the Montenegrin Court of Appeal has finally ruled that cryptocurrency entrepreneur Do Kwon will be extradited to his home country of South Korea, rejecting a parallel extradition request from the United States.
The legal drama in Montenegro over Terraform Labs co-founder and fraudster Do Kwon isn't over just yet.
Montenegro has decided to send Do Kwon, the founder of Terra, to South Korea for legal proceedings, instead of granting the U.S. request for extradition. This decision marks a key development in the case against Kwon.
The August 1 ruling marks the conclusion of a protracted legal saga involving multiple appeals and judicial reversals on Kwon's extradition.
Do Kwon, the co-founder of bankrupt Terraform Labs, will be extradited to South Korea. Yesterday, a Montenegrin appeals court ruled on his extradition, rejecting the US request.
The appeals court has upheld the previous ruling by a lower court. South Korea did not officially process any charges against him.
Do Kwon, the disgraced co-founder of Terraform Labs, is set to be extradited from Montenegro to South Korea, as per a court ruling. The decision rejects a U.S. extradition request.
The court in Podgorica has ruled that this ruling is final and cannot be appealed. On Thursday, the court ruled against extraditing Kwon to the US.
Montenegro's Appellate Court confirms the extradition of crypto fraudster Do Kwon to South Korea, rejecting the US request.
