The eyes of global authorities, including Interpol, have been on Kwon ever since Terra collapsed in mid-2022. Terra’s collapse wiped out billions of dollars of investor funds, and Kwon fled to Montenegro, where he was arrested for possession of falsified official documents. The courts in Montenegro are deciding the destination of his extradition.
Related posts
-
El Salvador Is Getting Its First Tokenized U.S. Treasuries Offering
The new product aims to give access to T-Bill investments for individuals and organizations who were... -
After Binance’s Costly Lesson, Do Rival Crypto Exchanges Risk Running Afoul of U.S. Rules?
Bybit, Bitget and OKX, three of the largest cryptocurrency exchanges, all prohibit traders from the U.S.,... -
Truth Social Eyes Purchase of Crypto Exchange Bakkt: Report
As such, Bakkt’s crypto custody business, which holds digital assets like bitcoin and ether, has struggled...