Terra Classic

<a href="https://www.blockhead.co/tag/luna" rel="noopener noreferrer nofollow">LUNA</a> founder <a href="https://www.blockhead.co/tag/do-kwon/" rel="noopener noreferrer nofollow">Do Kwon</a> has won an appeal to against his extradition to either the US or South Korea.According to a <a href="https://sudovi.me/ascg/sadrzaj/nm4D" rel="noopener noreferrer nofollow">notice</a> on Tuesday, Monetengro&#39;s Appeals Court rejected a decision to approve his extradition by the Montenegro high court.Do Kwon was arrested and sentenced to prison in Montenegro on charges of possessing falsified official documents.Sitting in a Montenegro jail cell since March, Do Kwon&#39;s fate has been fought over by both the US and South Korea who demand his extradition.Last month, Montenegro Justice Minister Andrej Milovićplans <a href="https://www.wsj.com/livecoverage/stock-market-today-dow-jones-12-07-2023/card/exclusive-montenegro-plans-to-extradite-fallen-crypto-tycoon-do-kwon-to-u-s--go9pVSEoANWEjPKGAfD6?ref&#61;blockhead.co" rel="noopener noreferrer nofollow">reportedly</a> said in private that he plans to extradite Do Kwon to the US to face fraud and securities-law charges related to the collapse of LUNA.<a href="https://www.blockhead.co/2023/12/08/cz-sbf-do-kwon-the-tricky-case-of-extraditing-crypto-villains/" rel="noopener noreferrer nofollow">CZ, SBF &amp; Do Kwon: The Tricky Case of Extraditing Crypto Villains</a><a href="https://www.blockhead.co/2023/12/08/cz-sbf-do-kwon-the-tricky-case-of-extraditing-crypto-villains/" rel="noopener noreferrer nofollow">LUNA founder Do Kwon will be extradited to the US whilst ex-Binance CEO CZ is prohibited from flying to the UAE.</a>In November, the Podgorica High Court ruled that the legal conditions for Kwon&#39;s extradition had been met. The Appeals Court has instructed the case to be sent back to the Podgorica Basic Court for a retrial, rejecting the extradition decision because the judge failed to hear out Kwon.Montenegro&#39;s Minister for Justice will have the final decision if the courts approve his extradition.News of Do Kwon&#39;s win sent Terra Luna Classic (LUNC) <a href="https://www.fxstreet.com/cryptocurrencies/news/luna-classic-price-rallies-by-17-as-terra-founder-do-kwon-wins-extradition-ruling-202312200314" rel="noopener noreferrer nofollow">up over 17%</a>. LUNC is the initial Terra LUNA coin that surfaced following the downfall of UST/Luna and the formation of a fresh Terra Chain.Currently priced at $0.0001589, the next-to-worthless cryptocurrency has essentially become a bet on the crypto villain. Yet, because of the crazy world of crypto, it&#39;s a bet degens continue to enjoy making.<a href="https://www.blockhead.co/#/portal/signup" rel="noopener noreferrer nofollow">Join Blockhead today for FREE and stay in the loop on digital assets!</a>

LUNC Jumps as Do Kwon Wins Extradition Appeal, 'Cos Crypto

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