Crypto News: Terraform Labs’ Co-founder Do Kwon arrested in Montenegro in alleged multibillion dollar fraud left the international turned up actions to be taken ahead. However, South Korean and United States authorities are now seeking the extradition of the international crypto fugitive.
As per reports, Minister Marko Kovac stated that Do Kwon and another suspected arrested in alleged fraud might be extradited to South Korea or the United States. Kwon is wanted by US in the connection with the $40 billion crash which went on to demolish the crypto market.
However, a Montenegro court ordered the Do Kwon and other accused 30 days for legal proceedings. Earlier, South Korea requested Interpol to circulate a “red notice”. This led the 195 member nations of Interpol to find the international crypto fugitive. Read More Crypto News Here…
Terra Co founder was arrested from the Podgorica Airport while he was trying to run Dubai using fake Costa Rican passports. It was reported that he have been hiding in Serbia, however, he moved to Montenegro. S. Korean investigators tracked his whereabouts and informed the Serbian authorities to detain him.
Meanwhile, it is not immediately clear that when and to which nation Do Kwon would be handovered to.
Leading asset manager ProShares is seeking to establish a new crypto ETF tracking the CoinDesk…
U.S. President Donald Trump has cast doubts over his meeting with China's President Xi Jinping.…
Experts have indicated that a rotation might be occurring with investors moving from gold to…
Crypto and AI Czar David Sacks is set to meet with Republican members of the…
Federal Reserve Governor Chris Waller has floated the idea of a 'Payment account' framework that…
Aster is regaining momentum in the perp DEX space as it outpaces Lightchain in 24-hour…