Do Kwon’s extradition to US quashed by Montenegro court
The U.S. was in the lead in its race with South Korea for Do Kwon’s extradition, but an appellate court has canceled the ruling, saying the process was irregular.
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Do Kwon to be extradited to US from Montenegro: report
Montenegro's "top justice official" privately said he plans to send Do Kwon to the U.S., where he is facing charges related to the collapse of the Terra ecosystem, the Wall Street Journal reported.
IMF proposes framework for assessing systemic risk of digital assets
A paper from the International Monetary Fund outlines a framework for understanding and tracking systemic risks stemming from digital assets, as well as setting out tools to assist countries in containing these risks.
Terra co-founder Daniel Shin faces US probe on Terraform Labs links
The U.S. Securities and Exchange Commission and South Korean investigators are set to question Terra co-founder Daniel Shin about the dealings between Chai Corporation and Terraform Labs.
SEC v Ripple: Court grants regulator’s request to appeal in Ripple case
Both the SEC and Ripple will have a chance to argue whether the finance regulator is entitled to file an appeal this month; the court expects SEC v Ripple to go to trial sometime in Q2 of 2024.
Terra’s Do Kwon stands to face longest jail term over financial crime, South Korea says in extradition fight
South Korea is in an extradition battle with the United States for Do Kwon, who is currently facing passport forgery charges in Montenegro, as it promises a long sentence.
Terraform Labs wants US lawsuit dismissed since LUNA/UST was developed overseas
The lawsuit should be dropped as its protocols were developed overseas, according to Terraform Labs. It had been sued for selling unregistered securities.
Arbitrum, Wintermute and more DeFi lies
Arbitrum's market maker, Wintermute, received $40 million of ARB from Arbitrum as part of the $1 billion allocation.
South Korea: Over $160M seized from Terra employees linked to 2022 collapse
Authorities in South Korea insist that while an investigation into Terra's collapse is ongoing, asset seizures are necessary to prevent suspects from disposing of funds that could be key to solving the case.
South Korea prosecutors fail to secure arrest warrant for Terra co-founder anew
Despite facing multiple charges, a district court judge has—for the second time—ruled against issuing an arrest warrant to Daniel Shin, noting his compliance with law enforcement agencies.
Do Kwon registered a company in Serbia despite Interpol red notice
Documents from the Serbian Business Registry confirmed that Kwon established a company called Codokoj22 d.o.o. Beograd with the principal business activity being consultancy services.
Terra founder Do Kwon arrested in Montenegro
Do Kwon was arrested boarding a flight to Dubai with a second suspect, with forged Belgian and Costa Rican passports; meanwhile, the U.S. Department of Justice has unveiled eight charges against him.