Terra Classic

<ul><li>Podgorica High Court rules in favor of extraditing Terraform Labs&#39; Do Kwon to the U.S., bypassing South Korea&#39;s extradition request.</li><li>Kwon faces charges in the U.S., including wire fraud and securities fraud, paralleling legal issues in South Korea.</li><li>Terraform Labs has filed for Chapter 11 bankruptcy in Delaware amidst ongoing legal challenges and regulatory scrutiny.</li></ul>The Podgorica high court has approved the extradition of Do Kwon, the former CEO of Terraform Labs, to the United States. This decision came after a period of <a href="https://cryptotale.org/legal-whirlwind-montenegrin-appeals-court-shakes-terra-luna-classics-future/" rel="noopener noreferrer nofollow">legal deliberation</a> and set aside a competing extradition request from South Korea. The ruling is a result of the High Court&#39;s consideration, guided by an Appeals Court directive to determine the destination of Kwon&#39;s extradition between South Korea and the United States.Kwon, alongside his associate Han Chang-joon, was <a href="https://cryptotale.org/kwon-to-be-granted-bail-in-montenegro-travel-document-forgery-case/" rel="noopener noreferrer nofollow">apprehended at Podgorica airport</a> for attempting to leave the country with forged Costa Rican passports. Further investigations unearthed additional counterfeit Belgian documents, complicating their legal situation. While the defense argued a lack of knowledge about the document forgeries, attributing trust to a third-party agency in Singapore, Han has since been extradited to South Korea.Read full article at <a href="https://cryptotale.org/montenegro-high-court-approves-extradition-of-do-kwon-to-the-united-states/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Montenegro High Court Approves Extradition of Do Kwon to the United States

CryptoTale

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