Terra Founder Do Kwon Evades Extradition to U.S.âOnce More: Terra's founder, Do Kwon, secured a critical win as an appeals court, for the second time, overturned a previous ruling that would have extradited him to the U.S. to face various legal charges. Initially, a Montenegrin court decided to send Kwon to the U.S. rather than his native South Korea, where he also faced accusations relating to the collapse of UST and LUNA, amounting to $60 billion. However, Kwon successfully appealed this decision, leading the Appellate Court to invalidate the verdict due to severe shortcomings. Despite another lower court ruling in favor of extradition, the Appellate Court nullified it again, citing legal errors and lapses, specifically recognizing that South Korea had actually requested Kwon's extradition before the U.S. The ongoing legal battle underscores the complex situation Kwon faces, with uncertainties persisting as the case continues to navigate through the Montenegrin judicial system. Read more AI-generated news on: https://app.chaingpt.org/news
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