Crypto fugitive Do Kwon extradited to US over $40bn crash

By 2024-12-31Science & Tech

A South Korean man accused of being responsible for a cryptocurrency crisis which cost investors $40bn (£31.8bn) has finally been extradited to the United States.

Do Kwon was the boss of Terraform, which operated two cryptocurrencies – TerraUSD and Luna – both of which collapsed in 2022, sparking a wider sell-off in the crypto market.

The US says he was responsible for the coins’ failure ... Read even more

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