Legal Twist: Montenegro Appeals Court Overturns Do Kwon's Extradition
Montenegro Appeals Court halts Do Kwon's extradition, citing procedural issues, complicating the international legal case.
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Montenegro Appeals Court halts Do Kwon's extradition, citing procedural issues, complicating the international legal case.
Montenegro explores hydroelectric-powered Bitcoin bonds for economic growth.
Terra co-founder Do Kwon confronts extended Montenegro detention amid extradition, intertwining with Terra's 2022 collapse fallout in the crypto market.
Co-founder Do Kwon faces extradition from Montenegro to the U.S., entangled in a global legal battle with potential charges in both nations.
Previously, Kwon claimed that he had no idea the passport he carried when caught was fake.
Kwon and Joon will be placed under house arrest and monitored by the police.
Do Kwon, a South Korean national, is the former CEO of South Korea-based Terraform Labs, the company behind the stablecoin TerraUSD that collapsed in May 2022, roiling cryptocurrency markets.
Currently, they are making a choice between a national stablecoin or a CBDC
He is also wanted in the US and South Korea
Per a report from Bankless, Terra (LUNA) co-founder Do Kwon was allegedly arrested in the region of Podgorica, Montenegro.