Keep up with what's happening in the crypto world in real-time.
All Filters (1)
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.
International tug of war over Kwon's fate takes a new turn with Montenegro court's reversal on extradition.
The Montenegro Court of Appeals revoked Do Kwon's extradition to his native South Korea or the U.S. for a second time.
Following the Montenegro Appeals Court's decision to reject the extradition requests for Terraform Labs co-founder Do Kwon, the panel from the Appeals Court has nullified the latest decision by Podgorica's High Court to extradite Kwon to either South Korea or the United States.
An important step in the legal battle: further support for the founder of Terra (LUNA)
An Appellate Court in Montenegro accepts Do Kwon's appeal against a High Court's decision that approved his extradition.
The Appellate Court of Montenegro has revoked the decision to extradite Terraform Labs co-founder Do Kwon, marking another twist in the prolonged legal saga following the collapse of the Terra ecosystem in May 2022.
Terra Luna Classic has officially passed a proposal mandating compulsory KYC for all L1 developers, with a significant voter turnout of 90.5%. Following the approval by the community, the price of LUNC surged over 4%, while USTC also saw a 3% increase.
The Court of Appeal in Montenegro revokes the decision to extradite Do Kwon, sending the case for retrial due to procedural irregularities.
The appellate court decided that the original decision to extradite Kwon was "affected by significant violations."
The Appellate Court of Montenegro previously canceled Kwon's extradition approval to either the United States or South Korea in mid-December 2023.
Terraform Labs Ex-CFO arrested for fraudulent marketing of Terra stablecoins and violations of several financial acts.
The Montenegro Court of Appeals has again canceled the approval of Terraform Labs co-founder Do Kwon's extradition to South Korea or the U.S.
Terra's co-founder Do Kwon's appeal to reject extradition has been accepted by a Montenegro court, returning the case to the first instance to the court for retrial and decision. Montenegro Court Accepts Do Kwon's Appeal The Court of Appeals of Montenegro revoked a previous decision by Montenegro High Court to extradite Do Kwon to South
The appeal is a minor victory for Kwon, who initially won an appeal in November only for it to be subsequently overturned.
LUNC News: Terra Luna Classic proposal making KYC compulsory for all L1 developers is approved by the community after contradictory voting by members and validators. Community members in favor of the proposal calls it a defining moment, with a massive voting turnout of 90.5%.
