DO Kwon, Crypto Mogul, to Be Extradited to the U.S. Following Arrest in Montenegro
In a significant development within the cryptocurrency realm, Do Kwon, the co-founder of Terraform Labs and a central figure behind the Terra blockchain protocol, is set to be extradited to the United States after his recent arrest in Montenegro. This has sent ripples through the crypto community, marking a new chapter in ongoing legal battles surrounding Kwon regarding allegations of fraud and market manipulation.
Continue readingMajor Crackdown: Crypto Firms Face Charges of Market Manipulation in U.S. Sting Operation
In a significant development for the cryptocurrency landscape, federal authorities in the United States have initiated legal action against multiple cryptocurrency firms, accusing them of orchestrating a scheme designed to manipulate the digital asset markets. The operation, executed by the Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC), marks one of the most formidable crackdowns on crypto-related misconduct in recent memory.
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