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Do Kwon's defense team file an extradition appeal, likely extending his stay in Montenegro.

Terraform Labs, known for its involvement with the UST stablecoin and LUNA cryptocurrency, has requested a New York judge. The company seeks a jury trial to determine the regulatory status of its tokens, diverging from the Securities and Exchange Commission's (SEC) preference for a judicial ruling.

A new Cosmos chain dawn: are LUNC and LUNA crypto communities about to strengthen their pact?

Terraform Labs and the SEC are fighting in court over who should define the legal status of Terra, LUNA wLUNA, and MIR tokens.

In a legal saga marked by twists and turns, Do Kwon, the co-founder of Terraform Labs, has taken a decisive step in challenging his extradition orders from the Montenegrin High Court. Kwon, a prominent figure in the crypto world, recently lodged an appeal against the court's ruling, injecting a fresh layer of uncertainty into a case that has captivated global attention.

The Terraform Labs co-founder Do Kwon, who is supposed to be extradited from Montenegro after Dec. 15, has reportedly appealed against the court's decision.

The court order mandates Do Kwon extradition decision to either South Korea or the United States for criminal prosecution amid his legal battles with the SEC. Coincu News

Do Kwon, founder of Terraform Labs, is fighting a court order mandating his extradition to either South Korea or the U.S. for criminal prosecution.

The Terra Luna Classic community has passed another key proposal as they prepare for a revival of Terra Luna Classic (LUNC) and repeg USTC stablecoin to $1. The proposal aimed at having a guideline for a pay-per-job approach on the Terra Classic chain as core developer L1TF goes into maintenance mode for Q4.

In a recent development, Kwon Do-hyung, the founder of Terraform Labs (TFL), has lodged an appeal against the extradition ruling by the High Court of Podgorica in Montenegro. Will Court Hear Do Kwon's Appeal Against Extradition?

In recent weeks, LUNC (LUNA Classic), the main token on the Terra blockchain, has been making a noteworthy comeback, steadily approaching its all-time high (ATH). LUNC Price Surge: Will it Reach a New All-Time High?

For the past few weeks, LUNC (LUNA Classic), the native token of the Terra blockchain, has made an impressive recovery, with the coin inching closer towards its all-time high (ATH). For instance, in the last 30 days or a month, LUNC has outperformed almost every cryptocurrency in the market as well as the broader crypto

In a gripping legal saga that traverses international borders, Do Kwon, the pioneering mind behind Terraform Labs (TFL), has taken a bold step in appealing against the extradition ruling issued by the High Court of Podgorica in Montenegro.

The US Securities and Exchange Commission (SEC) requested the judge overseeing the case against Terraform Labs to rule whether Terraform offered and sold unregistered securities. The SEC argues that a jury should not determine the status of securities.

The U.S. Securities and Exchange Commission (SEC) has requested a judge, rather than a jury, to determine whether certain cryptocurrencies involved in the Terraform Labs case are classified as securities.

The transition from November to December has been bullish for the crypto market. Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, have both seen substantial inflows and double-digit gains in the last fortnight, propelling them to multi-month highs.

According to CoinMarketCap, Casper (CSPR), Pepe (PEPE), ORDI (ORDI), and Conflux (CFX) have topped the list of the top gainers in the last 24 hours. Casper (CSPR) leads the list, with bulls rising from an intra-day low of $0.03503 to a 30-day high of $0.05057 before a modest pullback.

According to the SEC, tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.”

Legal teams representing Terraform Labs and Do Kwon have taken steps to bolster their defense in the ongoing lawsuit brought against them by the U.S. Securities and Exchange Commission (SEC).

Terra Luna Classic price has been reigning supreme in the market since last week bolstered by several factors including a proposal passed by the community aimed at improving the structure of native tokens LUNC and USTC. Binance's commitment to helping the Terra Classic community reduce the available supply is also another reason to consider for the

While many altcoins experienced a price increase after Bitcoin's surge over $40K, Terra Luna Classic (LUNC) stood out with an exceptional performance. LUNC's price surged almost 150% in just a week, separating itself from other altcoins. However, at these new high levels, LUNC is facing slight resistance as investors begin to sell off their holdings.

The tumbling network has no major update Terra land is having its winter fall. In a pivotal moment for the Terra Luna Classic network, a contentious proposal sought to decrease the number of validators, sparking a heated debate within the community.

Crypto exchange BitMEX, co-founded by billionaire Arthur Hayes, has announced a plan to list Terra Classic (LUNC) perpetual contract. The move came amid a massive three-digit rally in Terra Classic tokens LUNC and USTC.

The Terra Luna Classic community has given the green light to a proposal aiming to reduce the number of validators on the Terra Classic chain. While this decision faced criticism from certain validators and community members over concerns about security, centralization, and potential growth risks, it managed to surpass the approval threshold.