Do Kwon
Can Bitcoin Match Gold’s Position in Investors’ Portfolios? US To Appeal Do Kwon's Extradition
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including a JPMorgan report that says bitcoin is unlikely to match gold’s allocation in investor portfolios due to heightened risk and volatility. Plus, Optimism Foundation selling about 19.5 million OP tokens to an unidentified buyer and Terraform Labs co-founder Do Kwon's next steps.
U.S. Will Appeal Do Kwon's Extradition to South Korea: Justice Department
On Thursday, Kwon's attorney Goran Rodic told CoinDesk via text that a Montenegro court had ruled to extradite him to South Korea.
Do Kwon to Be Extradited to South Korea After March 23, Lawyer Says
A Montenegrin high court on Thursday approved Kwon's extradition to the Asian nation to face criminal charges over the collapse of Terra.
Terra’s Do Kwon Wins Extradition Appeal in Montenegro as Case Heads for Retrial
Kwon is facing fraud charges in the U.S. around his role in Terra's collapse.
SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters
Additionally, the SEC has said that Terraform should not be allowed to hire law firm Dentons or pay litigation costs for employees, the report said.
Bitcoin's Price Nears $45K; Do Kwon's Legal Woes Drag On
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest stories shaping the crypto industry today, as bitcoin (BTC) rallied to a four-week high on Thursday, nearing $45,000. A new research report from JPMorgan claims there is evidence that Blackrock and Fidelity’s spot bitcoin ETFs already have an advantage over Grayscale. And, Do Kwon has won another chance to change his extradition from Montenegro.
Do Kwon Wins Second Chance to Appeal Extradition From Montenegro
The appeal is a minor victory for Kwon, who initially won an appeal in November only for it to be subsequently overturned.
Former Terraform Labs CFO Han Chang-joon Extradited to South Korea by Montenegro
Han Chang-joon was charged with carrying falsified travel documents alongside Terra co-founder Do Kwon last year.
Terraform Labs Declares Bankruptcy in Delaware
Terraform Labs recently lost a case when a U.S. judge ruled that LUNA and MIR are securities, and is currently facing a class action lawsuit in Singapore.
Do Kwon Appeals New Montenegro High Court Decision Upholding Extradition Requests, Lawyer Says
Local courts may be facing political pressure regarding Kwon's extradition to the U.S. or South Korea, his Montenegro lawyer Goran Rodic told CoinDesk.
