Extradition Battle Win For Do Kwon: Montenegro Court Decision Reversed, LUNC Jumps 13% | Bitcoinist.com

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In a significant turn of events, a court in Montenegro has overturned the extradition order of Do Kwon, co-founder of Terraform Labs, to the United States or South Korea. The Podgorica-based Appeals Court made the decision, which cited procedural irregularities and lack of clarity in its ruling.  The court’s decision came in response to an […]

Do Kwon’s Detention Prolonged Until 2024 As Montenegro Responds To Extradition Requests | Bitcoinist.com

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According to an International Business Times report, Montenegro’s Supreme Court decided to extend the detention of TerraForm Labs founder and CEO Do Kwon until February 2024, following extradition requests from the United States and South Korea. Closed-Door Discussions Reveal Montenegro’s Plan For Do Kwon Initially set to be extradited to the US on December 15, […]

Hodlnaut Faces Liquidation In Crypto Lending Crisis, 17,000 Creditors In Uncertainty | Bitcoinist.com

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Singapore-based crypto lender Hodlnaut is on the verge of liquidation, according to court filings on November 10. The company, which also operates in Hong Kong, had previously halted withdrawals and sought protection from creditors. However, efforts to save the lender were unsuccessful, leading to the decision to liquidate the company. Hodlnaut Liquidators To Consolidate Creditor […]

Terra Vs. SEC: Do Kwon Receives Shocking Response From Regulator | Bitcoinist.com

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In the ongoing legal battle between the US SEC and Terraform Labs, the regulator has declared its decision to deny the latter’s motion for the dismissal of the lawsuit.   SEC Denies Terra Form’s Dismissal Request The US Securities and Exchange Commission (SEC) has continuously denied TerraformLabs and its Co-founder Do Kwon Do’s motion to dismiss […]