Do Kwon appeals again against Montenegro court ruling upholding US and South Korean extradition requests
According to CoinDesk, Do Kwon, co-founder of Terraform Labs, has once again appealed against the decision of the High Court of Montenegro to uphold the extradition requests from the United States and South Korea.
Do Kwon may be extradited to the United States in mid-March this year
Bloomberg reported that Do Kwon, co-founder of Terraform Labs, may be extradited to the United States in mid-March and face charges of planning a $40 billion cryptocurrency fraud scheme.
Terra founder Do Kwon requests trial delay to attend, as extradition proceedings from Montenegro are delayed
Do Kwon, the founder of Terra, has requested a delay in his trial against the Securities and Exchange Commission (SEC) so that he can attend. His extradition proceedings from Montenegro have been delayed, and he is wanted in the US, South Korea, and Singapore to face accusations of mass fraud. The SEC claims that four of Kwon's crypto assets were unregistered securities, including TerraUSD and Luna, which had long-lasting effects on the market. Kwon's lawyers deny the claims, and he has expressed a desire to be extradited to South Korea instead of the US, but the local court will ultimately decide his next destination.
Montenegrin court cancels Do Kwon's extradition approval
According to market news, the Montenegro court cancelled Do Kwon's extradition approval.
Do Kwon to be extradited to US
December 7th news, Terra/Luna founder Do Kwon will be extradited to the United States.
Do Kwon appeals Montenegrin court's extradition decision
On December 6th, Digital Asset reported that Do Kwon, co-founder of Terraform Labs, has appealed the extradition decision of the Podgorica High Court in Montenegro. The Montenegrin Court of Appeal must review the decision to extradite Do Kwon.<br>As the Montenegrin court decided on June 15th to detain and extradite Do Kwon until December 15th, it is expected that the Montenegrin Ministry of Justice will decide which country Do Kwon will ultimately be deported to before December 15th.
Montenegro court approves extradition of Do Kwon to South Korea or US
On November 24th, the Montenegrin court approved the extradition of cryptocurrency tycoon Do Kwon (founder of Terra) to South Korea or the United States. The Montenegrin Minister of Justice will make the extradition decision. <br>
Montenegrin court rejects Do Kwon's appeal in fake passport case
On November 16th, the High Court of Montenegro rejected Terra founder Do Kwon's appeal against his four-month imprisonment for forging official documents on the grounds of "baselessness". He will face extradition after serving his sentence.As previously reported by BlockBeats, on June 19th, Terraform Labs co-founder Do Kwon was convicted of passport forgery in Montenegro and sentenced to four months in prison.
SEC investigates whether Jump Crypto president entered into secret agreement with Do Kwon during UST collapse
The US Securities and Exchange Commission (SEC) has begun an investigation into whether Jump Crypto CEO Kanav Kariya signed a secret agreement with Do Kwon of Terraform Labs during the collapse of stablecoin TerraUSD. As part of the SEC's civil lawsuit against Terraform Labs, SEC lawyer Devon Staren dismissed Kanav Kariya in August, stating that Kwon and Kariya signed an agreement on May 23, 2021 (a few weeks after UST decoupled), in which Jump would help restore the UST peg by purchasing tokens. In exchange, Kwon allegedly agreed to modify Jump's LUNA loan agreement and cancel the exercise conditions. Kanav Kariya declined to answer the question.
SEC Asks Court for Summary Judgement Against Do Kwon, Terraform
The request follows a move by Kwon's defense team to do the same.
