Do Kwon Evicted Over Crypto Crash
This is a US news story, published by BBC, that relates primarily to Luna news.
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extraditionBBC
•Do Kwon: fugitive cryptocrash boss finally extradited to US
57% Informative
Do Kwon was the boss of Terraform Labs , which operated two cryptocurrencies.
TerraUSD and Luna collapsed in 2022 , sparking a wider sell-off in the crypto market.
US says he was responsible for the coins' failure, accusing him of "orchestrating a multi-billion dollar crypto asset securities fraud" Kwon fled South Korea after a warrant for his arrest was issued and ended up in Montenegro .
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