• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

**Supreme Court of Montenegro Rules on Fate of Terra (LUNA) Founder Do Kwon**

user avatar

by Giorgi Kostiuk

2 years ago


The Supreme Court in Montenegro has reversed lower court decisions regarding the extradition of Terra (LUNA) co-founder Do Kwon to the United States or South Korea. The highest court emphasized that the Minister of Justice should be responsible for determining the extradition decision, not the court. Prior to this ruling, there was a dispute over Kwon's potential extradition, especially since he was detained in Montenegro in 2023 for utilizing a fake passport while attempting to exit the country.

Kwon is currently facing legal charges in both the USA and South Korea. Even though his attorneys expressed a preference for South Korea due to its comparatively shorter maximum sentences for financial crimes, Montenegro is reportedly leaning towards approving extradition to the United States. The Supreme Court of Montenegro remarked in its ruling that in scenarios involving multiple requests from different countries for the extradition of the same individual, the court's role is to assess whether the legal prerequisites for extradition have been met for each petition. Following this assessment, the competent minister, not the court, will decide on the permission and precedence of extradition.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum Active Addresses Hit New Record High

chest

Recent data indicates that the Ethereum network has achieved a new all-time high in its 30-day moving average of Active Addresses, suggesting a surge in user activity.

user avatarKenji Takahashi

Ethereum Spot ETFs Face Negative Netflow Trend

chest

Ethereum spot exchange-traded funds (ETFs) have experienced a shift in netflow trends, moving back to negative after an earlier positive streak.

user avatarDiego Alvarez

Virtuals Protocol and t54 Launch Agent Commerce on XRP Ledger

chest

Virtuals Protocol and t54 have announced the integration of agent commerce into the XRP Ledger, enabling AI agents to transact using escrowed jobs and programmable settlements.

user avatarMaria Fernandez

South Korean Opposition Party Seeks to Abolish Cryptocurrency Tax

chest

The South Korean opposition party has introduced a bill to abolish the planned 22% capital gains tax on cryptocurrencies, arguing it creates unfair disparity compared to stock investors.

user avatarRajesh Kumar

Coinbase Expands Global Offerings with Stock Perpetual Futures

chest

Coinbase has launched stock perpetual futures for non-US traders, allowing 24/7 trading of major tech stocks as part of its strategy to integrate crypto and traditional assets.

user avatarGustavo Mendoza

Grayscale Moves to Launch HYPE ETF Following SEC Application

chest

Grayscale has submitted an S1 registration form for the Grayscale HYPE ETF, aiming to trade on NASDAQ under the GHYP symbol.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.