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<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> 
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   <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>
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<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

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