Former Terraform Labs CFO extradited to South Korea

Bitget App

Trade smarter

Cointime2024/02/05 10:59

By:Cointime

The Montenegrin police announced today that Han Chang-joon, former CFO of Terraform Labs, has been extradited to South Korea. The decision was made by the Montenegrin Ministry of Justice to enable South Korea to bring criminal charges against him for several criminal offenses related to financial investment services, investment, and capital market fraud. In South Korea, these crimes can carry a life sentence. In March 2023, Do Kwon and Han Chang-joon were arrested at the Podgorica airport while attempting to flee on a private plane, ending a six-month international manhunt. Terraform Labs filed for bankruptcy under Chapter 11 of the U.S. Bankruptcy Code in January of this year.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Dogecoin investors have dropped their class-action lawsuit against Elon Musk, which accused him of manipulating the price of DOGE during its 2021 surge from less than $0.10 to around $0.70.JPMorgan analysts anticipate positive regulatory changes for crypto under President-elect Donald Trump, with clearer frameworks likely to benefit the industry.President-elect Donald Trump nominated bitcoin advocate Robert F. Kennedy Jr. for U.S. Secretary of Health and Human Services on Thursday.The following article is

The Block•2024/11/15 20:23

Matrixport Included Developments That Will Affect Bitcoin in December in Its Weekly Report! Here Are the Details

Matrixport's latest weekly report highlights a number of positive factors that have underpinned Bitcoin's recent strong performance.

Bitcoinsistemi•2024/11/15 20:00

Trump's Inflow Wave Has Ended! Spot Bitcoin and Ethereum ETFs Experience First Outflows Since Election!

It ended a wave of inflows and outflows in spot Bitcoin and Ethereum ETFs that has been ongoing since Donald Trump was elected president on November 5.

Bitcoinsistemi•2024/11/15 19:55