The settlement includes a permanent ban on Terraform and Kwon from participating in crypto securities activities, leaving the future of Terraform's products open to community-led initiatives.
There are searing questions about why Kwon, who went on the run after Terra's demise, chose to hide himself in Montenegro — but Milojko Spajić remains tight-lipped.
There are searing questions about why Kwon, who went on the run after Terra's demise, chose to hide himself in Montenegro — but Milojko Spajić remains tight-lipped.
The settlement includes a permanent ban on Terraform and Kwon from participating in crypto securities activities, leaving the future of Terraform's products open to community-led initiatives.
The former CEO of Terraform Labs was released from prison on March 23 as the Montenegrin Supreme Court weighs extradition requests from both South Korea and the United States.
The co-founder of Terraform Labs was initially rumored to face extradition to the U.S., but this decision was reportedly overturned by the latest Montenegran court proceedings.
The former CEO of Terraform Labs (Luna/UST stablecoin project) will have another chance to fight extradition proceedings after the Montenegrin justice system admits to having bungled his legal process.
Do Kwon's trial was postponed to March 25 after his legal team's request was supported by the SEC. By then, he will potentially have been extradited to the U.S.
