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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/do-kwon-to-be-extradited-following-crypto-turmoil/" data-wpel-link="internal">Do Kwon to be Extradited Following Crypto Turmoil</a><br></p>
<p style="text-align: justify">While the bull run of <a href="https://en.coin-turk.com/bitcoins-critical-metric-could-have-a-big-impact-on-btc-price/" data-wpel-link="internal">Bitcoin</a> and altcoins in 2021 was expected to last for a long time, a bombshell <a href="https://newslinker.co/" data-wpel-link="exclude">news</a> dropped on May 9, 2022, that changed many things forever. The events centered around <strong>Terra</strong> and <strong>Do Kwon</strong> led to a crash in LUNA’s price, while Terra’s stablecoin UST lost its $1 peg, causing the market to be significantly disrupted. Following this turmoil, a critical decision has been made today after Do Kwon, who had gone missing, was arrested in Montenegro.</p> 
<h2 style="text-align: justify" id="do-kwon-s-extradition-decided">Do Kwon’s Extradition Decided</h2> 
<p style="text-align: justify">According to breaking news that has just hit the cryptocurrency world, the <strong>Podgorica</strong> Court in Montenegro has decided to which country Do Kwon will be extradited. In a process filled with uncertainty, it has emerged that the United States has won the case against South Korea for the extradition.</p> 
<p style="text-align: justify">During the intense legal battle, both countries had requested Montenegro to extradite Do Kwon to them, but until today, there had been no clear answer.</p> 
<h2 style="text-align: justify" id="what-is-the-price-of-lunc-now">What is the Price of LUNC Now?</h2> 
<p style="text-align: justify">Following the Terra and Do Kwon saga, the restructured Terra Classic (LUNC) experienced significant volatility after the news about Kwon. The <a href="https://coin-turk.com/2022-kripto-kahini-sok-bnb-coin-hedefini-acikladi-2023-kripto-para-tahminleri" data-wpel-link="internal">altcoin</a> surged to $0.000124 before pulling back slightly to $0.00012209.</p> 
<p style="text-align: justify">Investors should remember that LUNC has become a project shaped by the community’s support and votes after separating from the Terra ecosystem. The decision made about Kwon is likely seen as a positive development by the community members.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-317848" src="https://coin-turk.com/wp-content/uploads/2024/02/lunc-kac-dolar-oldu.png" alt="" width="1567" height="857"></p> 
<p style="text-align: justify">During this period, LUNC’s overall market capitalization also saw a noticeable increase, exceeding $700 million with a 2% rise. However, a 23% drop in the 24-hour trading volume, amounting to just $43 million, indicated a lack of investor interest in the project.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/do-kwon-to-be-extradited-following-crypto-turmoil/" data-wpel-link="internal">Do Kwon to be Extradited Following Crypto Turmoil</a></h5>

Do Kwon to be Extradited Following Crypto Turmoil

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