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In what is beginning to resemble a Legal Schrödinger’s Cat, Do Kwon has once again had his extradition paused and is being held at an il Legal migrant center. Do was set to be extradited to South Korea and the US, and was scheduled to be shipped from Montenegro shortly. According to Montenegrin media, the extradition stoppage is due to Legal wrangling between numerous Legal departments within the government. Do’s lawyers have already had their appeals denied and he has had his travel documents confiscated so that he cannot leave Montenegro pending a decision on his extradition . This weekend footage of Do was posted on X (formerly Twitter), where the cryptocurrency founder appeared thinner and in baggy clothes, led by a cadre of police officers after being interrogated . It’s official, Do Kwon is off to South Korea Read more: Somebody extradite Do Kwon already Do Kwon is both Extradited and Not-Extradited Do, who was apprehended a year ago in Montenegro af...

A former team leader of Terra report edly testified against Do Kwon, saying he knew that the project was legally problematic. The 14th Criminal Division of the Seoul Southern District Court engaged the first witness on Feb. 5 in a case against Do Kwon. According to a report from the daily newspaper Chosun, the South Korean court heard testimony from a witness known only as “Lee,” which local media report was a former leader of the Terra development team, who testified against Terra founder Do Kwon and Terraform Labs co-founder Shin Hyun-seung. Lee acknowledged during the testimony that he was aware of the legal challenges facing Terra, citing discussions with Do Kwon as the source of his realization about regulatory obstacles. Lee’s testimony also highlighted the operational framework of Terra, which aimed to establish LUNA as a functioning currency through the “ChaiPay” payment system. The model suggested potential profits based on the expected increase in the...