A Canadian citizen is one step closer to standing trial in the United States for his alleged involvement in a series of attacks targeting as many as 165 Snowflake customers, one of the most widespread and damaging attack sprees on record. Connor Moucka consented to extradition on Friday to face 20 federal charges, including conspiracy…
Category: extradition
blockchain, crime, criminal, Crypto, CryptoCurrency, Do Kwon, extradition, fraud, Global IT News, Global Security News, In Brief, Terraform, Terraform Labs
Terraform Labs co-founder Do Kwon will face fraud charges in the U.S.
Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform…