Bitcoin

Million

Frenzy

Avalanche

Coin

<div class="insidebitcoins">
 Terraform Labs co-founder Do Kwon is appealing against Montenegro’s decision to extradite him to either the US or South Korea. 
 This development compels the Montenegrin Court of Appeal to reassess his case and determine his destination should he be extradited before a December 15 deadline.&nbsp; 
 It comes two weeks after Montenegro’s High Court approved Do Kwon’s extradition to either South Korea or the U.S. without specifying the final decision to be made by the Montenegrin Minister of Justice. 
 Do Kwon has expressed a preference for extradition to South Korea.&nbsp; 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Do Kwon has appealed the extradition decision by the High Court in Montenegro's capital, Podgorica. As a result of Do Kwon's appeal, the Court of Appeal must review his extradition decision, but the chances of the court's extradition decision being overturned are very slim.… 
 — Wu Blockchain (@WuBlockchain) December 6, 2023
 </blockquote> 
 
 <h2 id="span-style-font-weight-400-do-kwon-sentenced-to-prison-in-montenegro-span">Do Kwon Sentenced to Prison in Montenegro</h2> 
 He was arrested and sentenced to four months in prison by a Montenegrin court after he used a forged passport at Podgorica airport to try to board a flight bound for Dubai.&nbsp; 
 <img decoding="async" class="alignnone size-full wp-image-411702" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%20976%20549'%3E%3C/svg%3E" alt="Do Kwon LUNA" width="976" height="549" data-lazy-srcset="https://cdn.thebittimes.com/images/2023/12/06/ddb01857904f30c98596dfe62c90a3d7.webp 976w, https://cdn.thebittimes.com/images/2023/12/06/ddb01857904f30c98596dfe62c90a3d7.webp 300w, https://cdn.thebittimes.com/images/2023/12/06/ddb01857904f30c98596dfe62c90a3d7.webp 768w" data-lazy-sizes="(max-width: 976px) 100vw, 976px" data-lazy-src="https://cdn.thebittimes.com/images/2023/12/06/ddb01857904f30c98596dfe62c90a3d7.webp">
 <noscript>
 <img decoding="async" class="alignnone size-full wp-image-411702" src="https://cdn.thebittimes.com/images/2023/12/06/ddb01857904f30c98596dfe62c90a3d7.webp" alt="Do Kwon LUNA" width="976" height="549" srcset="https://cdn.thebittimes.com/images/2023/12/06/ddb01857904f30c98596dfe62c90a3d7.webp 976w, https://cdn.thebittimes.com/images/2023/12/06/ddb01857904f30c98596dfe62c90a3d7.webp 300w, https://cdn.thebittimes.com/images/2023/12/06/ddb01857904f30c98596dfe62c90a3d7.webp 768w" sizes="(max-width: 976px) 100vw, 976px">
 </noscript> 
 Following his detention, both South Korean and U.S. authorities have actively pursued his extradiction.&nbsp; 
 The U.S. wants him on charges of securities fraud, wire fraud, commodities fraud, and conspiracy in connection with the collapse of his company, TerraLabs, in 2022.&nbsp; 
 He stands accused of being the mastermind behind the collapse of TerraUSD and Luna tokens, which resulted in a&nbsp;$40 billion loss to its investors. 
 <h2 id="span-style-font-weight-400-related-news-span">Related News</h2> 
 <ul> 
 <li style="font-weight: 400">Avalanche Price Prediction: AVAX Coin Soars 9% As Investors Rush To This Crypto Casino In FOMO-Fueled Frenzy</li> 
 <li style="font-weight: 400">El Salvador President Nayib Bukele Lashes Out At Critics As Nation’s $131 Million Bitcoin Investment Turns A Profit</li> 
 </ul> 
 Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/terraform-labs-co-founder-do-kwon-appeals-extradition-from-montenegro-to-us-or-south-korea-tbt72820.html">https://thebittimes.com/terraform-labs-co-founder-do-kwon-appeals-extradition-from-montenegro-to-us-or-south-korea-tbt72820.html</a>
</div>

Terraform Labs Co-Founder Do Kwon Appeals Extradition From Montenegro To US Or South Korea

Table of Contents

TheBitTimes

Other articles published on Dec 6, 2023

Ripple CTO Counters Notion BTC Can’t Be Classified as a Security

Terra LUNA, LUNC Pump Back Over $1 Bn Market Cap – Which Undervalued Cryptos Are Next To Explode

Binance Announces Compensation For Traders Who Bought AEUR Stablecoin During 200% Surge

JPMorgan CEO Supports Crypto Ban

Trader predicts Bitcoin retracement before halving, InQubeta (QUBE) and Cardano (ADA) gearing up ...

Shiba Inu Sets Crypto Ablaze: Shibarium Burn Consumes 8.24 Billion SHIB Tokens

Join our free newsletter for daily crypto updates!