The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after a prison sentence in Montenegro for using falsified travel documents.
Category: Terra
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CZ must stay, Do Kwon to be extradited: Law Decoded
A Seattle district court ruled out CZ’s departure to the UAE, and the Montenegrin justice minister plans to grant the United States request for Do Kwon’s extradition.
Montenegrin official plans to extradite Do Kwon to the United States: Report
The Terraform Labs co-founder had been awaiting extradition to either the United States or South Korea after being arrested and charged in Montenegro.
Jury in Terraform Labs case shouldn’t decide whether crypto is a security — SEC
According to the SEC, tokens at issue in its civil case against Terraform Labs should be a “legal question” for a court, “not a factual question for the jury.”
Terraform Labs and SEC lawyers spar over whistleblower in court: Report
Though many filings in the SEC case were made under seal, Judge Jed Rakoff reportedly suggested that nothing would remain confidential should the matter go to trial.
Jump Crypto filed docs confidentially in SEC v. Terraform Labs case
The trading firm and its CEO, Kanav Kariya, allegedly manipulated the price of TerraUSD to gain roughly $1.3 billion in profits.
Do Kwon extradition approved by Montenegro court
Montenegro’s Minister of Justice will make the final decision on Do Kwon’s extradition to either South Korea or the United States.
Binance Confirms It Will Support Terra Classic (LUNC) Network Upgrade In November 2023
Recently, Binance has authoritatively declared its endorsement of the upcoming Terra Classic (LUNC) network upgrade. This is scheduled for November 20, 2023, at roughly 09:00 UTC. Also, the network transformation is set to happen at block height 15,493,370. #Binance exchange announced that it will support Terra Classic ( #LUNC ) blockchain upgrade. ➡️ $LUNC chain update will take place on 11/20/2023 at 08:00 (UTC). pic.twitter.com/yYFyDWp21M — LUNC NEWS ⚡️ (@Chot4a) November 16, 2023 Furthermore, in order to work with a seamless transition, Binance will briefly halt deposits and withdrawals of Terra Classic tokens. This will be starting from November 20,
The post Binance Confirms It Will Support Terra Classic (LUNC) Network Upgrade In November 2023 appeared first on The Merkle News.
SEC’s Gensler hints he’s open to a FTX reboot under proper leadership: Report
“If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law,’” SEC Chair Gary Gensler iterated.
CME Bitcoin futures hit record high, but uncertainty looms above $36K
CME Bitcoin futures hit a 2-year high, but options market data reflects investors’ hesitancy.