United

Coin

<ul class="news-points"> 
 <li>A court filing revealed Terraform Lab’s legal team stated that it would be impossible to extradite Do Kwon to the US.</li> 
 <li>The attorneys stated that Kwon and Terraform co-founder Daniel Shin were in discussions about staking LUNA tokens with validators.</li> 
 <li>Reports have highlighted a substantial surge in short liquidations for LUNC, surpassing the $20,000 mark today.</li> 
</ul> 
A court filing by Terraform Labs’ legal defense team from September 27 has surprised the community as the lawyers claimed that “it would be impossible for Mr. Kwon” to be extradited to the United States. The U.S. <a href="https://coinedition.com/tag/sec/" rel="noopener noreferrer nofollow">Securities and Exchange Commission (SEC)</a> plans to bring Kwon, Terraform Labs’ ex-CEO, to the United States for a deposition before October 13th. If the SEC’s efforts are fruitful, Kwon will offer testimony in the securities lawsuit. The filing further highlighted. 
<blockquote class="wp-block-quote"> 
 That request violates the Court’s Individual Rules of Practice because the SEC did not obtain the Court’s permission to seek a preclusion order in the parties’ pre-motion call to Chambers. Moreover, the SEC’s request for a preclusion order is not ripe because neither party has filed a summary judgment motion and the dea… 
</blockquote> 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/impossible-to-extradite-do-kwon-to-the-us-terraforms-labs-lawyers/">Impossible To Extradite Do Kwon To The US: Terraforms Labs’ Lawyers</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Impossible To Extradite Do Kwon To The US: Terraforms Labs’ Lawyers

Coin Edition

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