CatchThem
Kwon Extradited to the U.S.: A Turning Point for Crypto Accountability**
Do Kwon, the founder of Terraform Labs, has been extradited to the U.S. to face trial for the $40 billion collapse of TerraUSD (UST) and LUNA in 2022. Charged with fraud, conspiracy, and securities violations, this case could set a legal precedent for crypto accountability.
The Terra collapse devastated investors and triggered a broader market downturn, intensifying calls for stricter regulation. Now, as Kwon prepares for trial, the crypto world watches closely
Why It Matters: 😐 😔
- Regulation: Could lead to strict
Do Kwon, the founder of Terraform Labs, has been extradited to the U.S. to face trial for the $40 billion collapse of TerraUSD (UST) and LUNA in 2022. Charged with fraud, conspiracy, and securities violations, this case could set a legal precedent for crypto accountability.
The Terra collapse devastated investors and triggered a broader market downturn, intensifying calls for stricter regulation. Now, as Kwon prepares for trial, the crypto world watches closely
Why It Matters: 😐 😔
- Regulation: Could lead to strict