The legal saga of Do Kwon, the co-founder of Terraform Labs, is nearing a major turning point. Montenegro’s Justice Minister, Bojan Božović, has confirmed that a decision regarding Kwon’s extradition is expected by the end of this week, Oct 19. Do Kwon has been held in Montenegro custody since March
Terraform Labs’ co-founder, Do Kwon, is about to be extradited to South Korea. A chain reaction of court disputes and opposing extradition demands from the US and South Korea led to this latest turn of events. Now that the Montenegro Appellate Court has given its verdict, Kwon may go back
A major legal victory has been achieved by the spouse of Do Kwon, founder of Terraform Labs, against the government of South Korea. She was permitted to keep her substantial real estate assets. That had been frozen as part of the inquiry into the Terra-Luna collapse after a Seoul court
In response to the SEC’s demand that Terraform Labs and its co-founder Do Kwon pay $5.3 billion in disgorgement and civil penalties, the company’s legal team has submitted a motion in opposition to the request. After a jury found Terraform and Kwon guilty of fraud, their defense team requested a
In light of a recent civil case ruling, Terraform Labs and its co-founder, Do Kwon, are facing the prospect of heavy financial penalties from the U.S SEC. A filing made on April 19 in the U.S. District Court of New York in the Southern District of New York states that
The Supreme Court of Montenegro overturned a previous court’s decision on the extradition of Do Kwon, co-founder of Terraform Labs. After the prosecution appealed the verdict of the appellate court to deny Kwon’s defense team’s appeal, the decision was made. In its April 5th decision, the Supreme Court highlighted the
Do Kwon, a co-founder of Terraform Labs, is being held in Montenegro by the Supreme Court, and has refused to extradite him to South Korea. The ruling was issued on March 22, after an aspirant’s argument that this process is outside the jurisdiction of lower courts. A motion challenging the
The court’s decision to extradite Do Kwon, co-founder of Terraform Labs, to South Korea was not accepted by Montenegrin prosecutors. Do Kwon was ordered to be extradited to South Korea two weeks ago by a high court in Podgorica, Montenegro. This decision overturned an earlier request by a different Montenegrin
The appeal that Do Kwon, co-founder of Terraform Labs, filed to prevent his extradition to South Korea was denied by a Montenegrin court. The Appellate Court of Montenegro said on March 20 that it had supported the high court’s decision to extradite Kwon to South Korea, where he holds his
A further triumph in the extradition case to the U.S has been achieved by Terra co-founder Do Kwon. An official translation of Tuesday’s announcement states that the highest court in Montenegro reversed a lower court’s decision to extradite Do Kwon to the United States. Do Kwon has now won three
