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Terraform Labs CEO Do Kwon Faces Extradition to South Korea – Bitcoin News

According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Korean prosecutors have said the Terra co-founder faces extradition to South Korea. Montenegro Police’s Account of the

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Do Kwon faces fraud charges from US prosecutors hours after arrest

Terraform Labs CEO Do Kwon has been charged with fraud by United States prosecutors in New York, just hours after he was reportedly arrested in Montenegro.The 31-year-old entrepreneur was charged with eight separate counts, including securities fraud, commodities fraud and wire fraud, according to a March 24 report from Bloomberg.Filip

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Ethereum faces 6-month lows versus Bitcoin — Will ETH price rebound?

Ethereum's native token, Ether (ETH), continues its multi-month downtrend against Bitcoin (BTC) in March, rising 5.5% versus the latter's 19.5% gains on a month-to-date (MTD) timeframe.Bitcoin overshadows Ethereum amid banking crisisAs of March 23, the ETH/BTC pair was down about 9% month-to-date (MTD) to 0.0633 while staying on course to

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Lightning Labs’ Taro Project Faces Halt as Judge Issues Temporary Injunction for Trademark Infringement

“I was having dinner with a developer friend and he mentioned ‘taro,’” said Lightning Labs CEO and co-founder Elizabeth Stark in a declaration in the case. “I knew that taro is a common ingredient used in Latin American, Southeast Asian,and African cuisines, which were three key regions for the growth

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Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss – Bitcoin News

On March 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 hours. SVB was forced to sell a $21 billion bond portfolio at a $1.8 billion loss. CEO Greg Becker insists that the financial

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Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal – Bitcoin News

Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to the mix to cut costs and lower

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Bitcoin price faces ‘last stand’ as weekly close threatens $22K retest

Bitcoin (BTC) stayed near key support on March 5 as the weekly candle close brought fresh fears of a breakdown.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst warns over fate of $20,000Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued to move in a tight range over the weekend.The

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