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Breaking: Do Kwon's Transition from Prison to Foreign Facility


šŸ”µ #DoKwon, former CEO of #Terraform Labs, has been moved to a foreigner reception center in Montenegro after serving jail time.

šŸ”µ He is expected to remain there until the Supreme Court decides on his extradition.

šŸ”µ Kwon faces trial in the U.S. SEC's fraud charges, scheduled for Monday.

šŸ”µ Montenegrin authorities have confiscated Kwon's passport, and his legal representative plans to file a complaint against his treatment in the local administrative court.

#Crypto #CryptoNews
šŸ”µ #Bitcoin exceeded $67,000 on Monday, indicating a potential rally and aiming for another all-time high.

šŸ”µ Popular #altcoins such as #Ethereum, #Dogecoin, #Ripple, #Solana, and #Litecoin also gained, with the market's fear and greed index at 75 out of 100, indicating 'Greed'.

šŸ”µ Internet Computer (ICP) token showed the highest increase, Conversely eCash (XEC) experienced the most significant decline

šŸ”µ The global #cryptomarket cap was reported at $2.55 trillion, showing a 24-hour gain of 2.42 percent.
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Is Ethereum a Security? Vitalik Buterin's Explanation #CryptoNews

šŸ”µ #Ethereum's creator, Vitalik Buterin, discusses Ethereum's status as an unregistered security,deeming it illegal in the US

šŸ”µ In March 3, 2014, #Vitalik announced Ethereum's headquarters relocation to Zug, Switzerland, to bypass US securities laws, as mentioned during a #Bitcoin conference in Texas.

šŸ”µ Around 70% of Ethereum's supply was allocated to its founders and select investors prior to its public release through an Initial Coin Offering (#ICO), positioning Ethereum as a business venture.

šŸ”µ Bitcoin stands as the sole #cryptocurrency recognized as a legitimate commodity by both the SEC and CFTC.