Close Menu
Cryprovideos
    What's Hot

    Analysts Eye $160,000 for BTC by Christmas as This fall Rally Traits Maintain

    August 28, 2025

    Pepe Value Prediction – Will the Third Greatest Meme Coin Explode in 2025?

    August 28, 2025

    Finance Information Big Outlines The place XRP May Be In 2026 And Past

    August 28, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Crypto Founder Behind $40 Billion Catastrophe to Be Extradited to US
    Crypto Founder Behind  Billion Catastrophe to Be Extradited to US
    Crypto News

    Crypto Founder Behind $40 Billion Catastrophe to Be Extradited to US

    By Crypto EditorDecember 27, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    In accordance with Agence France Presse, Montenegro is about to extradite South Korean cryptocurrency entrepreneur Do Kwon to the U.S. 

    Minister of Justice Bojan Bozovic greenlit the extradition earlier this Friday, in line with the report. 

    This comes after greater than a 12 months of assorted twists and turns. Kwon was arrested by the Balkan nation again in 2023 when he was heading to Dubai with a pretend passport. His extradition had been postponed on varied events.  

    The astonishing implosion of the Terra community, which occurred in Could 2022, has resulted in roughly $40 billion price of losses for traders, in line with varied sources. 

    The SEC later sued Terraform Labs and Kwon, claiming that they have been deceiving traders concerning the notorious TerraUSD stablecoin. The regulator introduced civil fraud costs in opposition to 

    A jury then discovered Terraform Labs and Kwon liable, siding with the SEC in April. 

    Kwon has additionally been slapped with prison costs in each the US and his native South Korea. Each nations had been in search of Kwon’s extradition, with Montegero being caught in the midst of this diplomatic dispute. Montenegro finally determined that the US could be a preferable choice on account of many of the standards prescribed by legislation.

    In September, Terraform Labs additionally obtained approval for its chapter plan. 



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Dwell Crypto Information: Trump Media, Crypto.com Plan CRO Treasury

    August 28, 2025

    Greatest Crypto To Purchase As we speak: Layer Brett's 1000% Staking Rewards Aren't Ready Round – DOGE, PEPE Holders Dive In

    August 28, 2025

    Tips on how to Make Crypto Buying and selling a Behavior (With out It Taking Over Your Life)

    August 28, 2025

    REX-Osprey Pushes for First-Ever BNB Staking ETF, Eyes SEC Approval by November

    August 28, 2025
    Latest Posts

    Analysts Eye $160,000 for BTC by Christmas as This fall Rally Traits Maintain

    August 28, 2025

    Bitcoin vs Tokenized gold – Which one is the final word safe-haven for traders?

    August 28, 2025

    Company Bitcoiners eye Thailand as gateway to $3.8 trillion ASEAN Bitcoin treasury play

    August 28, 2025

    Bitcoin Braces for One other Dip as On-Chain Knowledge Warns of Spot and Futures Selloffs

    August 28, 2025

    Sequans Unveils Formidable 100,000 BTC Treasury Technique – Bitbo

    August 28, 2025

    Bitcoin Normalized Handle Exercise Drops To 30%: Promoting Strain Eases

    August 28, 2025

    Bitcoin Hyper Innovates Bitcoin in Viral Presale Set to Explode

    August 28, 2025

    Reside Subsequent Crypto to Explode Updates: Bitcoin Prepapres for Rally, Traders Frenzy for Presales, and Establishments Chase Bitcoin

    August 28, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Fed Shutters Group That Polices Banks' Crypto Actions

    August 16, 2025

    Masks Founder Loses $4 Million in Crypto Assault on His Birthday

    February 28, 2025

    CoinZoom Makes Crypto Funds Go Mainstream: Declares the launch of its International Crypto Debit Card

    November 9, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.