Do Kwon’s Extradition To The US Edges Towards Final Decision With Montenegro’s High Court Ruling

Summary

Montenegro's High Court has approved the extradition of Do Kwon, a key figure in the cryptocurrency Terra Luna crash, to the United States. The decision follows the Supreme Court's overturning of a previous extradition decision to South Korea. The final decision now rests with Justice Minister Andrej Milovic, who has expressed a desire for Kwon to face legal proceedings in the US. Kwon's defense team has a three-day window to appeal the decision once they receive the translated judgment. Kwon, co-founder of Terraform Labs, was apprehended in Montenegro after using a fake passport and has since been transferred to a foreign detention center. The fate of Kwon remains uncertain pending the decision of Montenegro's Minister of Justice. Luna Classic (LUNC) is currently trading at $0.0001285, reflecting a 31% decrease in price over the past 30 days, with a slight surge of 1.2% in the past 24 hours.