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Terra co-founder Do Kwon will likely miss the start of the SEC trial on fraud charges amidst the delay in his extradition, Reuters reported.

The cryptocurrency entrepreneur Do Kwon will likely miss at least the start of a scheduled March 25 trial on U.S. Securities and Exchange Commission fraud charges because of a delay in extraditing him from Montenegro, his lawyer said on Monday.

The legal saga surrounding Terraform Labs founder Do Kwon may see yet another twist.

The developer collective overseeing the Cosmos blockchain has put forth a substantial proposal aimed at enhancing the Terra Luna Classic chain's capabilities.

The Terraform Labs co-founder, who has been in Montenegro since his arrest in March 2023, will reportedly be extradited to the United States to face fraud charges.

Cosmos blockchain developer group has announced a major upgrade proposal to enhance the functionality and interoperability of the Terra Luna Classic chain. Genuine Labs' security upgrade packages include strategic upgrades to Cosmos SDK, Ibc go, and Wasmd, improving and optimizing the components.

In a thrilling plot twist witnessed around Terra founder Do Kwon's legal chronicle, the high court of Podgorica, Monetgro's capital, recently cast a shadow on the extradition of the Terra founder to the United States, stating that this decision might be overturned again. This comes despite the court's recent decision to extradite Kwon Do-hyung, birthing

LUNC News: Terra Luna Classic proposal to burn 800 million USTC is passed by the community, enabling the community to proceed with the burn after much debate. USTC price has skyrocketed 25% today, but pared some gains in the last few hours.

LUNC News: The Terra Luna Classic community has rejected a major Tax2Gas proposal after the community members and validators reached an impasse, citing earlier pay-per-job and KYC proposals as reasons. While they admit the proposal benefits LUNC revival and USTC repeg to $1, it faced major headwinds.

The recent 2% surge in Terra Classic price reflects a pivotal moment for the community following the approval of Proposal 12071. LUNC rose by 2% to $0.000121, while USTC jumped over 2% to $0.03 in the past 24 hours.

The court has established crucial pretrial deadlines and procedures in a significant development in the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Terraform Labs, along with its co-founder, Do Kwon.

Do Kwon's extradition to the U.S. was decided on Feb. 21, but his attorneys are not surrendering arguments against the decision by a Montenegro High court.

Co-founder Do Kwon of Terraform Labs is set to relocate to the United States amidst allegations of fraud related to significant losses suffered by American investors associated with an algorithmic stablecoin.

The presiding judge in a lawsuit playing out in the U.S. District Court for the Southern District of New York between the Securities and Exchange Commission and Terraform Labs — creator of the ill-fated UST and Luna cryptocurrencies — is progressing with new pretrial deadlines that have been set.

The legal hassle of Do Kwon, Terraform Labs' ex-CEO, has now taken a new twist as his defense promises to fight a recent court ruling in Montenegro. This ruling that supports his extradition to the United States rather than to South Korea has triggered common legal warfare.

Montenegro court approves extradition of Terraform Labs' Do Kwon to the US, where he faces fraud charges.

The Terra Luna Classic community is turning a new leaf with the passing of a proposal that will ensure that those intending to start a new proposal make an initial deposit. With this move, the network believes it will curb the menace of spam proposals.

Terra Luna Classic proposal of raising the minimum initial deposit is successfully passed by the community, aiming to cut down a significant increase in spam proposals recently. It will provide an entry barrier into the deposit section to prevent these proposals from even appearing in the deposit phase by requiring a minimum initial deposit of

The court presided over by Judge Jed S. Rakoff, has recently approved an order outlining pretrial deadlines and procedures.

The infamous founder of the bankrupt Terraform Labs will soon be extradited to the United States upon the order of a Montenegran high court.

The court in the United States is taking action in the case involving Terraform Labs and its co-founder Do Kwon. They've set deadlines and other steps before the trial starts.

Terra Vs SEC: In the latest development in the U.S. Securities and Exchange Commission (SEC) lawsuit against beleaguered Terraform Labs and co-founder Do Kwon, the court has set pretrial deadlines and other procedures. The move comes amid news of Do Kwon's extradition from Montenegro to the United States.

Montenegro's government denied South Korea's request to extradite Do Kown, and he may be heading to the USA!

The High Court of Podgorico has rejected the extradition request from South Korea.