{"id":309141,"date":"2024-05-24T22:45:27","date_gmt":"2024-05-24T17:15:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/breaking-do-kwon-extradition-blocked-by-montenegro-court-crypto-news\/"},"modified":"2024-05-24T22:49:59","modified_gmt":"2024-05-24T17:19:59","slug":"breaking-do-kwon-extradition-blocked-by-montenegro-court-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/breaking-do-kwon-extradition-blocked-by-montenegro-court-crypto-news\/","title":{"rendered":"Breaking: Do Kwon Extradition Blocked by Montenegro Court &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p><span style=\"font-weight: 400\">Montenegro appeals court has reversed the order to extradite <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/judge-rakoff-approves-us-secs-motion-to-investigate-terra-co-founder\/\"><span style=\"font-weight: 400\">Do Kwon<\/span><\/a><span style=\"font-weight: 400\">, the cryptocurrency entrepreneur, to South Korea.\u00a0 Kwon is wanted over the collapse of Terraform Labs, which led to significant financial losses.<\/span><\/p>\n<h2><strong>Montenegro Court Blocks Do Kwon Extradition<\/strong><\/h2>\n<p><span style=\"font-weight: 400\">For months, both Seoul and Washington sought\u00a0 Kwon\u2019s extradition due to his suspected role in the fraud linked to his company\u2019s downfall. The collapse of <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/terraform-labs-refuses-to-pay-5-3-billion-fine-says-sec-has-no-evidence\/\"><span style=\"font-weight: 400\">Terraform Labs<\/span><\/a><span style=\"font-weight: 400\"> wiped out about $40 billion of investors\u2019 money, shaking global crypto markets. However, the Appeals Court of Montenegro accepted the appeals of Kwon and his defense attorneys, revoking the earlier decision by the High Court in Podgorica.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The ruling returned the case to the first-instance court for retrial and decision. This decision came after several court decisions seemed to clear the path for Kwon\u2019s extradition. Kwon, whose real name is Kwon Do-hyung, had been on the run for months after fleeing South Korea and Singapore before the company\u2019s crash in 2022.<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">This is a developing story.<\/span><\/i><\/p>\n<p>The post <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/breaking-do-kwon-extradition-blocked-by-montenegro-court\/\">Breaking: Do Kwon Extradition Blocked by Montenegro Court<\/a> appeared first on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\">CoinGape<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Montenegro appeals court has reversed the order to extradite Do Kwon, the cryptocurrency entrepreneur, to South Korea.\u00a0 Kwon is wanted over the collapse of Terraform Labs, which led to significant financial losses. Montenegro Court Blocks Do Kwon Extradition For months, both Seoul and Washington sought\u00a0 Kwon\u2019s extradition due to his suspected role in the fraud [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":161524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-309141","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/309141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=309141"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/309141\/revisions"}],"predecessor-version":[{"id":309146,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/309141\/revisions\/309146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/161524"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=309141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=309141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=309141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}