🔰Terra Luna founder Do Kwon will be extradited to the US.

The extradition was sought on charges related to financial crimes. Kwon previously agreed to be extradited to South Korea, but Milovic is expected to make the final decision on which country will take priority.

Milovic has not yet announced his decision and may wait for the country's courts to rule on Kwon's final appeal against the court decision, the WSJ said.

Crypto giants are entangled

The US has made headlines in recent months, first for prosecuting former FTX CEO Sam Bankman-Fried and more recently suing Changpeng “CZ” Zhao of Binance for anti-money laundering and sanctions violations. Zhao pleaded guilty as Binance agreed to pay a fine of more than $4 billion.

Kwon became the target of a worldwide search in late 2022 after global policing agency Interpol reportedly issued a so-called red notice for him as a result of the collapse of two tokens he created, TerraUSD and Luna. The token's collapse wiped out around $40 billion.

#BinanceTournament #BTT #DOGE #HNT #ORDI

👉Follow, Like, Comment & Share 💖