Categories: Forex News

Montenegro says it extradites Terraform Lab co-founder to US


PODGORICA (Reuters) – Montenegro on Tuesday extradited Terraform Labs co-founder Do Kwon to the USA, the inside ministry stated.

Kwon, a South Korean nationwide, is the previous CEO of South Korea-based Terraform Labs, the corporate behind the TerraUSD, a “stablecoin” designed to keep up a relentless $1 value, which collapsed in Might 2022, roiling cryptocurrency markets.

Kwon can also be wished by South Korea.

admin

Recent Posts

Chair candidates battle to verify in at Premier Inn-owner Whitbread

Two chairs of FTSE-100 firms are vying to succeed Adam Crozier on the prime of…

29 minutes ago

What to know this week

Shares rebounded over the previous week as feedback from President Trump eased investor issues about…

54 minutes ago

IMF-World Financial institution conferences finish with little tariff readability, however financial foreboding

By David Lawder, Karin Strohecker, Andrea Shalal WASHINGTON (Reuters) -International finance leaders got here to…

2 hours ago

US Economic system Was Already Sputtering Earlier than Commerce Ache Kicked In

(Bloomberg) -- Subscribe to Economics Each day for the newest information and evaluation. After cruising…

16 hours ago

People count on the financial system to bitter — here is when the information may present it

People are feeling more and more downbeat in regards to the financial outlook. Some Wall…

21 hours ago

How Powell may gain advantage Trump as a ‘scapegoat’ if financial system slumps

President Trump backed away from his threats to take away Federal Reserve Chair Jerome Powell.…

22 hours ago