The decision effectively puts a time-out on the ongoing tug-of-war over Kwon between South Korea and the United States. Both countries want to try Kwon for criminal charges, including fraud, relating to the $40 billion collapse of the Terra ecosystem in May 2022.
Related posts
-
Custodia Bank Appeals Court Loss in Fed Membership Lawsuit
“Unless Federal Reserve Banks possess discretion to deny or reject a master account application, state chartering... -
Do Kwon’s Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
“The recent high-profile cases against Terra/Do Kwon and Ripple, with penalties reaching hundreds of millions or... -
South African Regulator Licenses 75 Institutions as Crypto Asset Service Providers
South Africa’s Financial Sector Conduct Authority said on April...