Breaking News: Do Kwon's Legal Saga Unfolds – From Montenegro to Terraform Civil Case!
South Korean citizen, Do Kwon, recently released from prison, faces new legal hurdles as Montenegrin authorities detain him pending extradition proceedings. Kwon's lawyer, Goran Rodić, challenges this move, arguing for his client's right to defend himself while free.
In a twist, Montenegro's Supreme Court postpones Kwon's extradition to South Korea, awaiting a ruling on the legality of the process. The prosecution objects to the simplified extradition procedure, alleging legal violations.
Meanwhile, in the Terraform civil case, the SEC accuses Kwon and Terraform of deceiving investors about TerraUSD's stability. The SEC paints a grim picture, blaming TerraUSD's downfall for a staggering $40 billion investor loss and triggering market turmoil.
Defense attorneys for Kwon and Terraform counter the SEC's claims, emphasizing the absence of risk-free guarantees and challenging the evidence presented.
Stay tuned as these legal battles unfold, shaping the fate of Kwon and the future of Terraform amidst cryptocurrency market turbulence.
