Tag: crypto
Argentina’s Crypto Scandal Swindled Thousands. What Did Javier Milei Know?
Trump Administration A new cryptocurrency called $Libra bilked investors out of $250 million. It had been promoted by President Javier Milei. By Jack Nicas and David Yaffe-Bellany Jack Nicas, who covers Argentina, reported from Rio de Janeiro. David Yaffe-Bellany, who covers the crypto industry, reported from San Francisco. The scandal began with a tweet. “The…
Crypto fugitive Do Kwon extradited to US over $40bn crash
A South Korean man accused of being responsible for a cryptocurrency crisis which cost investors $40bn (£31.8bn) has finally been extradited to the United States. Do Kwon was the boss of Terraform, which operated two cryptocurrencies – TerraUSD and Luna – both of which collapsed in 2022, sparking a wider sell-off in the crypto market.…