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Terra (LUNA) Skyrockets Over 26% After Do Kwon's Release

source-logo  coingape.com 23 March 2024 21:28, UTC

Montenegro authorities have announced the release of Terra (LUNA) founder Do Kwon from prison, under house arrest, following a forgery case. The Supreme Court confiscated Kwon’s travel documents for security. Both the US and South Korea seek Kwon’s extradition, with Kwon preferring South Korea. The Montenegrin Supreme Court postponed extradition pending review. Kwon’s legal team contests the appellate court’s ruling. This coincides with a 26% surge in Terra’s price, reflecting investor sentiment amid legal developments.

coingape.com