United

2024

Higher

Coin

<ul class="wp-block-list news-points"> 
 <li><strong>Montenegro approves Do Kwon’s extradition to South Korea over Terraform Labs’ collapse.</strong></li> 
 <li><strong>Court rejects U.S. extradition request in high-profile cryptocurrency fraud case.</strong></li> 
 <li><strong>Do Kwon to face South Korean justice for TerraUSD collapse and alleged securities scam.</strong></li> 
</ul> 
<p>Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-08-01/montenegro-court-paves-way-for-do-kwon-s-extradition-to-s-korea" target="_blank" rel="nofollow">reports</a> that the Montenegro Appellate Court has approved the extradition of Do Kwon, the co-founder of <a href="https://coinedition.com/terraform-labs-chapter-11-case-key-developments-and-implications-for-luna/">Terraform Labs</a>, to South Korea to face charges related to the TerraUSD collapse. This ruling, announced on August 1, rejects a competing request from the United States. Consequently, Kwon will face legal proceedings in his home country rather than in the U.S.</p> 
<p>The court’s decision follows a series of legal challenges. Earlier, Montenegro’s Supreme Court had overturned a prior decision approving Kwon’s extradition to South Korea. The case was referred back to the Higher Court in Podgorica. This sparked a protracted legal battle between South Korea and the U.S., each vying for jurisdiction over the high-profile cryptocurrency fraud case.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">SEC vs Terraform Labs: Montenegro Appeals Court Halts Do Kwon’s Extradition for Retrial<a href="https://t.co/fk3qFYAVbp" target="_blank" rel="nofollow">https://t.co/fk3qFYAVbp</a></p>— John Morgan (@johnmorganFL) <a href="https://twitter.com/johnmorganFL/status/1794247733743849831?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 25, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> …
<p>The post <a href="https://coinedition.com/montenegro-court-approves-do-kwons-extradition-to-south-korea/">Montenegro Court Approves Do Kwon’s Extradition to South Korea</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Montenegro Court Approves Do Kwon’s Extradition to South Korea

Coin Edition

Other articles published on Aug 3, 2024

US Government’s Bitcoin On The Move, But Are They Really Selling?

Fantom Rebrands To Sonic Labs, Gears Up For Highly Anticipated EVM Chain Launch

Unlock New Benefits With BlastUP’s Blastbox V2 and See How 1 of the Best Crypto Presale Platforms...

US Election 2024: Donald Trump and Kamala Harris to Debate This September

Top Altcoins to Keep an Eye on in August 2024

Shiba Inu: Good, Bad and 'Less Ugly'

Join our free newsletter for daily crypto updates!