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In recent crypto headlines, the LUNC token, supported by the Terra Classic community, has garnered widespread attention within the crypto sphere. The community's concerted efforts, including collaborative initiatives and partnership announcements, aimed to bolster LUNC's position in the market.
The Terra founder was set to be extradited to the U.S. but an appeal means he will for the time being stay in Montenegro.
Former Terraform CEO Do Kwon's extradition is still pending after a court in Montenegro granted his appeal.
In a dramatic turn of events, the legal saga surrounding Do Kwon, the co-founder of Terra Labs, has taken an unexpected twist. Montenegro's Appellate Court has annulled a previous decision by the High Court to extradite Kwon, citing significant procedural errors and a lack of clarity in the legal process.
The Montenegro Court of Appeal has overturned the Podgorica High Court's decision to extradite Do Kwon, co-founder of Terraform Labs, following his appeal, according to a Dec. 19 update on the court website. Initially, the Podgorica High Court had greenlit Kwon's extradition to either the U.S.
Terra LUNA Classic Price Prediction - LUNC price is up 11% today. It needs a weekly closure above $0.0002100 for bullish continuation.
On Tuesday, Montenegro's appeals court overturned the extradition request for Terraform Labs co-founder Do Kwon. This reversal follows reports that Justice Minister Andrej Milovic had informally agreed to the extradition.
The Appellate Court at Podgorica in Montenegro has overturned a previous ruling by the High Court regarding Terra Labs (CRYPTO: LUNA) co-founder Do Kwon's potential extradition, citing issues in the legal process and a lack of clear reasoning. This decision follows a complaint raised by Kwon's legal defense team, Bloomberg reported.
LUNA, LUNC, and USTC, tokens backed by the Terra ecosystem, recently amassed noteworthy attention among crypto market enthusiasts globally as the tokens witnessed a sudden price jump today. The upward trajectory portrayed by the tokens comes in alignment with the recent decision by the Montenegro Appeals Court on Do Kwon's legal chronicle.
The Court of Appeal of Montenegro has reversed a decision approving the co-founder of Terra Labs Do Kwon extradition to either the United States or South Korea.
Montenegro's Appeals Court has canceled the extradition of Do Kwon, the founder of Terra, to the United States or South Korea. Today's announcement brings a new layer of complexity to the ongoing legal challenges faced by Kwon, who is dealing with various charges across multiple countries.
The Appeals Court council found that the decision was fundamentally flawed due to significant violations in the legal process.
In a recent turn of events, the Appeals Court of Montenegro has overturned the high court's decision approving the extradition of Terra founder Do Kwon to the U.S. or South Korea. Meanwhile, the legal saga surrounding Kwon, initially detained over falsified document charges, has taken a new direction.
A Montenegro court has overturned the extradition permit for Terraform Labs co-founder Do Kwon. According to an official statement, the Montenegro Court of Appeal on Dec.
The Appeals Court in Montenegro overruled the High Court's previous decision to extradite Do Kwon, per a Vijesti report from December 19. The Appeals Court found that there had been multiple violations in the legal proceedings that led to the High Court decision on November 17.
A previous decision that legal requirements for extradition had been met was rejected by the country's Appeals Court.
A community-run news aggregator has written on X (Twitter), citing Bloomberg, that the Montenegro Court has canceled extradition approval for the Terraform Labs co-founder Do Kwon.
In addition to Terra Classic, a newcomer in the crypto space is making waves – NuggetRush (NUGX), a meme coin. Currently performing well in its presale, NuggetRush is anticipated to outpace Solana's (SOL) growth by tripling its market value.
Lunanauts, a validator for LUNC, shared plans for a new collaboration to boost support for the LUNC cryptocurrency. This announcement gained attention in the crypto market, especially as it coincided with a decline in the token's price.
Lunanauts, a LUNC validator, recently revealed the community's plans to forge ahead with a collaboration aiming to build up further support for the LUNC cryptocurrency. The announcement, coming to light on Monday, amassed significant attention within the broader crypto market as it came amid a price fall noted by the token.
The Terra Luna Classic community made a decision to reject a proposal suggesting the burning of 800 million TerraClassicUSD (USTC). Instead, the community is exploring alternative methods for a more effective and efficient fund burn.
The Terra Luna Classic community rejected a proposal to burn 800 million TerraClassicUSD (USTC) as they look for better ways to burn these. The community believes there are easy ways to burn funds from the Risk Harbor (formerly Ozone Protocol) multisig wallet without an update and any legal consequences.
Crypto Price Prediction: After witnessing a strong recovery for the past 8 weeks, the crypto market pauses to recuperate the exhausted bullish momentum. This post-rally correction is evident with the Bitcoin price reverting from $44,500 trying to stabilize to a recent gain.
Terra Classic Price Prediction: The crypto market witnessed increasing volatility from the second week of December in tandem with the Bitcoin price reverting from $44500. However, this uncertainty took a major toll on the LUNC price, dropping from $0.00028 to $0.000163, accounting for a 41% loss.
