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Search Results for: do kwon

Do Kwon’s Extradition to South Korea Delayed by Montenegrin Supreme Court

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

March 22, 2024 2 mins read

U.S Authorities Striving Hard for Do Kwon’s Extradition

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

March 22, 2024 2 mins read

Montenegrin Court Rejects Do Kwon’s Extradition Halt Request to South Korea

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

March 21, 2024 1 min read

Montenegro High Court Reverses Do Kwon’s Extradition Decision to U.S

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

March 5, 2024 2 mins read

Montenegro Court Orders Extradition of Do Kwon to the U.S

The High Court in Podgorica has made a historic ruling, rejecting South Korea’s plea for extradition and ordering the extradition of Do Kwon, the former CEO of Terraform Labs, to the United States. The court’s decision is the result of lengthy discussions about the extradition’s political and legal ramifications. Reports

February 21, 2024 2 mins read

Montenegro Court Overturns Extradition Order for Terra Co-founder Do Kwon

A court in Montenegro has approved an appeal by Terra co-founder Do Kwon to deny extradition, sending the matter back to the initial place for a new trial and eventual conclusion. In a filing dated February 8, the Montenegrin Court of Appeals overturned an earlier ruling by the Montenegro High

February 9, 2024 1 min read

Do Kwon’s Terraform Labs Seeks Bankruptcy Protection

Terraform Labs, the entity responsible for the now-defunct stablecoin TerraUSD (USTC), has officially filed for Chapter 11 bankruptcy protection in the United States, according to a court document submitted on January 21. The Singapore-based company, known for creating TerraUSD, listed its assets and liabilities in the range of $100 million

January 22, 2024 1 min read

Montenegro Court Revokes Extradition of Terraform’s Do Kwon

A Montenegro court has revoked the decision to extradite Do Kwon, co-founder of Terraform Labs, to either the U.S or South Korea. The decision of the High Court of Podgorica to approve Kwon’s extradition to either the United States or South Korea was annulled on December 14 by the Appellate

December 20, 2023 1 min read

Terraform Labs’ Do Kwon Reportedly To Be Extradited to the U.S

The co-founder of Terraform Labs, Do Kwon, is allegedly set to be deported to the US instead of South Korea in order to face criminal accusations. A report from the WSJ citing sources close to the situation states that Justice Minister Andrej Milović of Montenegro intends to approve the request

December 8, 2023 2 mins read

Do Kwon Appeals Extradition Order of Montenegro High Court

The founder of Terraform Labs, Do Kwon, has recently appealed the extradition order made by the High Court of Podgorica in Montenegro. On December 6, Do Kwon’s contestation of the verdict was affirmed by the Montenegrin Court of Appeal. Kwon stated:  “I do not accept the court’s decision to extradite

December 7, 2023 1 min read