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The court in Podgorica made a positive decision in the extradition case of Terraform Labs founder Do Kwon. According to the document, the requests of both the South Korean and US authorities were satisfied.
Montenegro's Minister of Justice will make the final decision on Do Kwon's extradition to either South Korea or the United States.
Montenegro higher court has approved the extradition of Terra co-founder Do Kwon, according to sources familiar with the matter. Terraform Labs' former executives Do Kwon and Han Chang-joon were sentenced to four months in prison in a passport forgery case and the appeal by executives has also been denied by the Montenegro high court.
Do Kwon will likely be extradited. The question is to South Korea or to the US?
Minister will decide if Kwon will be extradited to the U.S. or South Korea.
Terraform Labs' $15 million investment injection into the Terra (LUNA) ecosystem is more than a financial boost; it's a seismic shift poised to reshape the crypto landscape. This capital surge, strategically directed at Astroport and Ura, the Terra community's decentralized exchanges, is like priming an engine for DeFi innovation.
Over the past two weeks, the Terra Classic coin went through a noticeable drop, falling from $0.000079 to its current value of $0.0000723, reflecting a significant 25% decrease. This decline intensified on November 21, influenced by the wider cryptocurrency market's negative response to the news of Binance CEO Changpeng Zhao resigning due to allegations of breaking U.S. anti-money laundering laws.
According to an update from Terraform Labs, the startup behind the Terra (LUNA) protocol, up to $15 million in capital has been injected into its ecosystem with the aim of boosting liquidity for blue-chip assets like Bitcoin (BTC) and Ethereum (ETH). Terra (LUNA) and Cold Start Solution The capital was specifically injected into Astroport and
Terra Classic Price Prediction: In the last two weeks, the Terra Classic coin experienced a notable correction, plummeting from a high of $0.000079 to its current trading value of $0.0000723, marking a significant 25% decrease. This downward trend gained further traction on November 21, amidst the broader crypto market's adverse reaction to news of Binance
Artificial intelligence (AI) platforms such as Google Bard play a pivotal role in analyzing trends and insights into the cryptocurrency sector, specifically focusing on assets like Terra Classic (LUNC).
The court has issued an order regarding expert witnesses in the U.S. Securities and Exchange Commission (SEC) lawsuit involving Terraform Labs and former CEO Do Kwon. The Daubert hearing allowed parties to scrutinize the challenged expert openly to assess the admissibility of their testimony.
The court has announced an order on expert witnesses in the U.S. Securities and Exchange Commission (SEC) lawsuit against Terraform Labs and former CEO Do Kwon. The court held Daubert hearing giving parties to examine the challenged expert in open court to set expert witnesses' testimony to evaluate admissibility.
The crypto market has displayed a strong positive price action, as the industry has added significant value to its portfolio this month. Many coins have recorded a new yearly high during this time, indicating a bullish influence over the space. Terra tokens have gained massive attention from the market following their recent price pumps.
This module calculates the minimum commission for validators based on their voting power, bringing an innovative feature to the LUNC ecosystem. The proposal received strong support from the community, with a 93% “Yes” vote and a 7% “Abstain” vote, showcasing near-unanimous approval.
In a significant stride toward bolstering its protocol capabilities, Terra Luna Classic, a prominent blockchain platform, has unanimously greenlit the implementation of Proposal 11874 for the v2.3.0 upgrade. This transformative move, validated through community governance voting, marks a pivotal moment for the Terra Luna Classic ecosystem.
Terra Classic Price Prediction: The cryptocurrency market is currently navigating through a phase of uncertainty, exacerbated by the US SEC's delay in approving some Bitcoin spot ETFs. This development has had a ripple effect on the broader altcoin market, including LUNC (Luna Classic), which has experienced a significant downturn.
Why did transactions spike on Polygon? What's Terra's plan post-Do Kwon? And why did South Korea buy Coinbase shares? Read on to find out.
The Terra Luna Classic community has given the thumbs up to the v2.3.0 upgrade proposal through governance voting. This on-chain deployment includes the terrad client v2.3.0, known as “v6,” featuring a dynamic validator commission module.
Terra Luna Classic proposal for the v2.3.0 upgrade has been approved by the community through governance voting. The on-chain deployment of terrad client v2.3.0, also referred to as “v6” incorporates dynamic validator commission module.
LUNC holds onto bullish divergence following Terraport's resurgence while Terra Classic chain upgrade is coming up next.
Do Kwon, the ex-CEO and creator of Terraform Labs, had appealed to overturn a passport fraud conviction imposed by a Montenegro court. The court, however, rejected Kwon's appeal and upheld the guilty verdict.
Terraform Labs founder Do Kwon lost his appeal of a 4-month prison sentence in Montenegro for passport fraud, clearing the way for his extradition to face criminal charges related to Terra's collapse in South Korea or the US.
Do Kwon, the former CEO and founder of Terraform Labs, has been unsuccessful in his appeal against a passport fraud conviction mandated by a court in Montenegro. What Happened: CryptoSlate reported on Wednesday that Kwon and his associate, Han Chang-joon, had been indicted for passport document falsification in June.
Do Kwon, the founder and former CEO of Terraform Labs, lost an appeal after being convicted of passport fraud, a Montenegro court ordered on Nov. 16. In June, Kwon and fellow Terra associate Han Chang-joon were convicted of falsifying passport documents by the Basic Court in Podgorica, Montenegro's capital city.
