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The decision by the Appellate Court of Montenegro to overturn the previous extradition order marks a pivotal moment for Do Kwon. Following his arrest amidst Terra's challenges in mid-2022, Kwon's legal journey has been arduous.
A Montenegrin court has overturned a decision that would have led to the extradition of cryptocurrency entrepreneur Do Kwon to the United States. Kwon, whose real name is Kwon Do-hyung, is the founder of Terraform, a company that experienced a dramatic collapse in 2022.
As the market leader achieved a new all-time high, the crypto market experienced a massive uptrend in valuation. Despite the industry witnessing a significant correction shortly after the ATH, top altcoins continue to trade under a strong bullish influence. Further, the Terra Classic (LUNC) and Terra 2.
The rebooted LUNA and LUNA Classic (LUNC) both skyrocketed on Tuesday on news of Terra founder Do Kwon's latest legal developments.
Do Kwon, the co-founder and ex-CEO of Terraform Labs, notched a minor victory on Tuesday when the Montenegrin Appeals Court quashed last month's Supreme Court decision that would have seen him deported to the United States to face fraud charges.
An appeals court in Montenegro has overturned a previous ruling to extradite Terraform Labs founder Do Kwon to the US, the court said Tuesday.
In a recent court filing, bankrupt cryptocurrency firm Terraform Labs has strongly criticized the US Securities and Exchange Commission (SEC) for its objection to a $166 million retainer paid to law firm Dentons.
The attention Bitcoin has been getting since the beginning of Q4 last year is now trickling down to altcoins, starting with the biggest, Ethereum, which hit another milestone above $3,800 on Tuesday. Also gaining strength is LUNC price with its impressive 14% increase in 24 hours on top of a staggering 56% surge in the last week.
In a pivotal legal reversal, Montenegro's Court of Appeals has annulled the extradition of Terraform Labs co-founder Do Kwon to the United States, siding with his defense's appeal and invalidating a prior High Court ruling from Feb. 20. Montenegro's Appeal Court Blocks Do Kwon's U.S.
Once again, the case will head to a lower court to be retried. Terra founder Do Kwon faces charges over the collapse of LUNA and UST.
Do Kwon's extradition remains unsettled, after the appeal court in Montenegro annulled a recent ruling to extradite Kwon to the United States.
On Tuesday, March 5, the Appellate Court of Montenegro has overruled the decision of the High Court of Podgorica, which had approved the extradition of Terraform Labs co-founder Do Kwon to the United States for criminal prosecution.
The Montenegro Court of Appeals has ruled against fugitive Do Kwon's extradition to the United States to face fraud charges.
Terraform Labs co-founder Do Kwon's extradition to the US was annulled by the Appellate Court of Montenegro, according to a Mar. 5 notice on the Court's website. This development occurs amid bankrupt Terraform Labs' recent legal wrangle with the US SEC.
A court in Montenegro overturned a previous court's ruling to extradite the imprisoned co-founder of the Terra (CRYPTO: LUNA) blockchain network Do Kwon to the United States. What Happened: The initial ruling by the Higher Court in Podgorica on Feb. 20, 2024, had approved the expedited extradition of South Korean national Kwon to the U.S., following a request by the United States for his criminal prosecution for multiple offenses.
Do Kwon scores a win after a Montenegro Appellate Court overturned a lower court's decision to extradite him.
Third refusal of extradition to the United States for the co-founder of Terraform Labs
The ongoing legal saga surrounding Terraform Labs co-founder Do Kwon takes a new turn as the Appellate Court of Montenegro reverses a lower court's ruling on his extradition to the United States.
Montenegro's Appeals Court overturns the extradition of Do Kwon to the US, citing procedural violations and ordering a new review.
Will the LUNC price reach $1? Let's take a look at this LUNC price prediction article in more detail.
The Appellate Court of Montenegro has overturned a previous ruling to extradite Do Kwon, the incarcerated co-founder of the Terra blockchain network, to the United States.
While much of 2024 – barring a brief but significant downturn in January – has been marked by a strong rally in the crypto market, late February and early March have, so far, seen the most dramatic yearly increases in the price of numerous cryptocurrencies.
Montenegrin court blocks Terra co-founder Do Kwon extradition to the US, citing procedural issues.
A Montenegro court has canceled the approval of the Terraform Labs co-founder Do Kwon's extradition to the U.S.
