Terraform Labs co-founder Do Kwon is a matter of intense debate among investors in South Korea following the Terra-Luna financial failure. Investors prefer that Kwon face the US courts rather than being extradited to South Korea by Montenegro’s high court as was recently decided. The Investor Community’s Statement shared through a public forum with more […]
Do kown
Is The Crypto Market Finally Free Of Bad Actors? Expert Weighs In On What’s Next
While the crypto market rejoices in the historic win of Ripple/XRP over the SEC, luck seemed to have run out for Alex Machinsky, former CEO of the bankrupt crypto lender Celsius, who now faces a maximum sentence of 115 years for the multi-billion dollar fraud. Per the DOJ indictment, which was unsealed on July 13, […]
Terra: Seoul Authorities To Launch First-Ever Crypto Investigation Unit
South Korean authorities, who are presently looking into the $40 billion Terra-Luna scandal, plan to create a special investigation unit for crimes involving digital currencies, as per an announcement by the spokesperson of the Seoul Southern District Prosecutors’ Office on July 11. Sources revealed the team would study legal concerns like the securitization of virtual […]