Montenegro court overturns extradition of Terra founder Do Kwon
International tug of war over Kwon's fate takes a new turn with Montenegro court's reversal on extradition.
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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%.
The Montenegrin Court of Appeal revoked its decision on the extradition of Korean citizen Do Kwon.
An unusual proposition to identify all of Terra Classic's developers incinerates a fiery discussion among top network validators.
The Terra Luna Classic community has voted in favor of a proposal to mandate KYC (Know Your Customer) for all L1 developers. This decision comes as the community aims to boost development on the chain with third-party developers while implementing security measures to safeguard against potential harm to the network.
Terra Luna Classic's proposal to make KYC compulsory for all L1 developers is approved by the community, with votes now surpassing the pass threshold. As the Terra Luna Classic community pushes to increase development on the chain with third-party developers, it became crucial to introduce some security measures to prevent detrimental damage to the chain.
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People are curious about the projected price of LUNC if Bitcoin reaches $250,000 post-halving, and they're turning to Google's AI chatbot for insights. Google Bard's Predictions for Terra Classic (LUNC) Price Amid Bitcoin Halving Event The crypto industry has seen a rise in AI-driven price predictions, with platforms like Bard and ChatGPT gaining traction.
Lee testified that Terra executives were aware of regulatory constraints on using TerraUSD as a payment method.
Terra Classic (LUNC) began 2024 with its price moving horizontally, initially showing no significant gains or losses. This neutral trend was short-lived as the market's volatility intensified.
Terra founder Do Kwon and co-founder Shin Hyun-Seong of the failed crypto project are still fighting legal battles almost two years after the devastating collapse of the network.