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.
Current disputes cover asset custody at Binance.US, Terraform Labs' legal fees and staking programs on Kraken. The industry has demanded clear and concise rules while challenging the SEC's overly stringent enforcement actions.
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 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.
Current disputes cover asset custody at Binance.US, Terraform Labs' legal fees and staking programs on Kraken. The industry has demanded clear and concise rules while challenging the SEC's overly stringent enforcement actions.
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.
