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Montenegro's High Court will decide whether to extradite Do Kwon to the U.S. or South Korea.

Crypto analyst Javon Marks has laid out a bullish narrative for Terra Classic (LUNC). Based on his analysis, the crypto token could eventually see a 13x increase from its current price levels.

The Montenegro Appeals Court has halted Do Kwon's extradition to South Korea, calling for a retrial in the initial court. This move contradicts the previous High Court ruling. Interestingly, this decision follows a meeting between Montenegro's Justice Minister and the SEC's Director of Enforcement, raising questions about potential influences on the legal proceedings.

Terra Luna Classic developer group Genuine Labs took it to X to confirm bullish news for the LUNC community, announcing the readiness of a significant upgrade. The new SDK 47 version will update Terra Luna's components, fight p2p storm attacks, and fix the dyncomm decorator, enhancing the ecosystem's strength and efficiency.

Binance, the world's largest crypto exchange by volume has executed another large-scale Terra Classic (LUNC) burn, continuing its supporting role for the Terra Classic ecosystem. Despite the substantial supply reduction, the price of LUNC and its daily trading volume have been falling significantly.

Record amounts of Terra Classic tokens were sent to the bottomless pit, but is it enough for LUNC's break out?

Terra Lunc Classic Layer 1 developer group Genuine Labs has announced readiness for a major upgrade. The developer group will upgrade the Terra Classic chain to further improve the efficiency and robustness of the system.

Montenegro appeals court has reversed the order to extradite Do Kwon, the cryptocurrency entrepreneur, to South Korea. Kwon is wanted over the collapse of Terraform Labs, which led to significant financial losses.

Since his arrest in March 2023, Do Kwon has been in Montenegro. He could be extradited to either his native South Korea or the United States to face fraud charges.

A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company's collapse, which caused a $40 billion loss and impacted global crypto markets. Both South Korea and the U.S.

Crypto exchange Binance burned another pack of Terra Luna Classic (LUNC) tokens this week, as per a transaction revealed by LUNC Burn Tracker. With the latest burn by Binance, the total LUNC burned by the crypto exchange has reached over 59 billion.

U.S. Securities and Exchange Commission (SEC) delegates met with Montenegrin officials to discuss Do Kwon.

The Terraform Labs co-founder was still in Montenegro as his lawyers and the courts considered requests for extradition to the U.S. or South Korea.

LUNC regained strength earlier in the weak but not enough to form a new trend. The token is still stuck in the same range range for several weeks with support at $0.0001 and resistance at $0.00012.

Do Kwon, the former Terraform Labs chief, is still in Montenegro waiting for his extradition decision.

Terra Luna Classic community unanimously voted in favor of the proposal to enable interblockchain communication (IBC) with the Osmosis protocol. The transfers between Terra Luna Classic and Osmosis will be restored as Client ID 07-tendermint-12 on columbus-5 referencing Osmosis validator set will be restored.

Terra Luna Classic community has approved a proposal appointing Allnodes to provide accurate LUNC circulating supply data. The proposal aimed at changing the circulating supply API endpoint to Allnodes FCD, while developer Raider warned about the need to persuade Binance and CoinMarketCap to use a totally different API for total supply and circulating supply.

Investor optimism has been on the rise since last week when cryptocurrencies generally rebounded in tandem with Bitcoin price's surge above $67,000. Low-cap altcoins like Terra Classic woke up from the deep slumber with strength, accruing modest gains.

Excitement is building in the crypto world as LUNC, Terra Classic's coin, might soon reach $3.

Terra Luna Classic votes on another major proposal to enable interblockchain communication (IBC) with the Osmosis protocol. If approved, the transfers between Terra Luna Classic and Osmosis will be restored as Client ID 07-tendermint-12 on columbus-5 referencing Osmosis validator set expired.

A Terra Luna Classic developer cautioned about the proposal to transfer endpoints to the top validator platform Allnodes for accurately providing LUNC circulating supply data. The proposal under voting aims to secure an official organization or platform to host the endpoint preventing individuals from making unauthorized changes to Terra Classic supply without approval from the

The world's largest crypto exchange Binance burns additional Terra Luna Classic tokens after a monthly LUNC burn. The crypto exchange burned 1.4 billion LUNC tokens in its 21st batch of the LUNC burn mechanism recently.

Developments in the Terra Classic community hinge on restoring LUNC and USTC tokens' value. For instance, passing the Inter-Blockchain Communication (IBC) client will ensure interoperability between the Terra Class network and Kujira.

Terra Classic sits atop robust support at $0.0001 as most cryptocurrencies battle market doldrums to find direction. The token's outlook remains uncertain in May unless something drastic like relisting on Coinbase occurs.