Five US enforcement agencies form new digital currency anti-crime task force
A diverse group of United States enforcement agencies has made official its cooperation on crimes related to the darknet and digital currency with the announcement of the Darknet Marketplace and Digital Currency Crimes Task Force on June 20. The new organization will target “cryptocurrency- ...
Montenegro Supreme Court Overturns Bail Decision for Terraform Labs Founder
The Supreme Court of Montenegro overturned the lower court's decision to release Terraform Labs founder Do Kwon on bail. Earlier in May, the court allowed Do Kwon and former Terraform CFO Han Chang-Joon to be released from custody after being accused of document forgery b ...
Regulators Target Virtual Reality Market Amidst Rise of Meta-Universes
Despite the lack of practical solutions for meta-universes, international regulators will hit the virtual reality market. Metaworlds will become a new "battleground" for regulators. This was the opinion of analysts of the blockchain firm Elliptic in their report. Experts believe that regulator ...
Founder of Terraform Labs Granted Release from Custody by Montenegro Court
The Court of Montenegro allowed the release from custody of the founder of Terraform Labs, whom the country's authorities accused of forgery. In addition to Do Kwon, the company's former chief financial officer Han Chang-Joon will also be ...
Terraform Labs Founder Do Kwon’s Hidden Apartment Confiscated by Serbian Police
The police in Serbia have taken possession of an apartment in Belgrade where Do Kwon, the founder of Terraform Labs, had been hiding for six months before being apprehended in Montenegro. The duplex, worth €2.2 million, was raided by the police on Friday, after it was revealed that Han Chang-Joon ...
Founder of Thodex Exchange to Be Extradited Back to Turkey for Fraud and Theft Charges
The Turkish Ministry of Justice announced that preparations for the extradition of the founder of the Thodex exchange have been completed and that he will be handed over to law enforcement agencies next Thursday. Faruk Fatih Ozer fled Turkey last year and was wanted by Interpol on charges of frau ...
Terraform Labs Founder Do Kwon Accused of Fraud and Setting up Company in Serbia for Less Than $1
According to reports from various media outlets, Do Kwon, the founder of Terraform Labs, established a new company in Serbia for a remarkably low price of less than $1 just a few weeks after being placed on the international wanted list by Interpol. Kwon founded a company named "Codokoj22 d.o.o. ...
Disney Star Launches Starverse Metaverse Platform for Sports Fans
Disney's subsidiary in India, Disney Star, has announced the launch of their very own metaverse platform called Starverse. The platform promises to offer an immersive 3D experience for sports fans, making it a natural fit for a multi-platform, multi-modal, and collaborative experience. Accordi ...