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Disgraced Terra (LUNA) founder Do Kwon is reportedly going to be extradited to the US after losing an appeal in a Montenegrin high court. According to a new report by France 24, Kwon – the person suspected of being behind the multibillion-dollar downfall of the Terra ecosystem in 2022 – had his appeal thrown out by the Montenegrin Constitutional Court, which earlier in the year ruled that the conditions for his extradition have been met. However, Justice Minister Bojan Bozovic still had to decide whether to extradite Kwon to the US or South Korea, both of which have pending charges against him. As stated by the Montenegrin Ministry of Justice, according to the report, “It was concluded that the majority of the criteria prescribed by law favor the extradition request from the competent authorities of the United States of America. Consequently, the Minister of Justice issued a decision approving the extradition of Kwon Do Hyung to the United States, while si...

Craig Wright’s appeal application in his case against the Crypto Open Patent Alliance (COPA) was rejected by a UK court today, described as a baseless argument with “no prospect of success.” Court of Appeal judge Lord Justice Arnold wrote that the motion was refused “as being totally without merit.” Wright filed multiple appeals after he was found to undoubtedly not be Bitcoin’s creator, Satoshi Nakamoto, during legal proceedings against COPA earlier this year.  As reported by BitMex Research, Craig Wright’s appeal attempted to paint the judge as biased. However, today the court ruled “no credible allegation of either actual basis or apparent bias is made by Dr Wright, but only a series of disagreements with the judge’s reasoning.” “In fact the judge leant over backwards to ensure that Dr Wright received a fair trial,” the ruling said. COPA Vs CSW Breaking news! The court of appeal has rejected CSWs application to appeal pic.twitter.com/7nEg...

Terra founder Do Kwon has lost his appeal against a four-month prison sentence with a Montenegro High Court rejecting his claims and describing them as “unfounded.” In a statement issued today, the Podgorica Higher Court rejected Kwon’s appeal against a lower court judgment. It said that the Podgorica Basic Court had “correctly and completely established the factual situation,” “correctly applied the Criminal Code of Montenegro,” and “determined and evaluated all the circumstances that influence the choice of criminal sanction and its amount.” Do Kwon had attempted to appeal a prison sentence after he and Terra executive Han Chang-Joon were found guilty of falsifying documents. The pair have remained in custody in Montenegro since their arrest in March and are awaiting extradition to either the US or South Korea . Will arrested Terra founder Do Kwon be extradited to the US or South Korea? Read more: South Korea lead prosecutor says Do Kwon likely to spend most o...