&w=600&resize=600,400&ssl=1 "After FTX’s Sam Bankman-Fried, Terraform Labs co-founder Do Kwon to face securities fraud costs within the US – Firstpost")
Kwon, who had been detained in Montenegro since March 2023 was handed over to US authorities following a prolonged authorized battle. His arrest got here six months after Interpol issued a “purple discover” warrant, marking him as a fugitive following the collapse of Terraform Labs’ Luna and TerraUSD learn extra The ultimate days of 2024…
Dec 31, 2024 06:18 PM IST MONTENEGRO-TERRAFORM-LAB-EXTRADITION:Montenegro says it extradites Terraform Lab co-founder Do Kwon to US PODGORICA -Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the US, the place he faces fees of getting deceived traders in regards to the stability of the TerraUSD cryptocurrency and the way an app used the…
&w=600&resize=600,400&ssl=1 "S. Korean crypto founder Do Kwon, the person behind TerraUSD, to be extradited to US from Montenegro – Firstpost")
Kwon’s firm promised stability for TerraUSD, pegged to the US greenback, however the tokens entered a “dying spiral” in 2022, destabilising world crypto markets and eroding investor confidence learn extra South Korean cryptocurrency entrepreneur Do Kwon can be extradited to the US following a Montenegrin courtroom determination over his alleged position within the collapse of…
