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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (197639)

3/23/2023 5:21:56 PM

From: TobagoJack

Read Replies (2) | Respond to of 218074

at the same nasty and in the same mean time,

if one does not see the humour of anonymity-fail, one should read some other article on the front page this day

frankly, kind of cool that anonymity at times fail, and in big way

once the novelty of indubitable 'anonymity' wears wears off, the heart-string of the people should eventually get pulled by the geewhizbangohwhoawee of utility. Speaking of anonymity, they nailed another one

brings to the morning-fresh (5:22am) mind a song, again, as in once more, or another one

I hope Do Kwon ends up in the correct prison, but prison, where he would be left alone to dwell

wonder what happens when 'they' fill up an entire wing of a designated prison with crypto folks

I am guessing they ones who took the most and kept some would be noticed more, and notice is unlikely welcomed

the kids are not too bright, travelling together and with laptop and such. Should have duked it out in situ and lived a good-enough life/ 280M of wherewithal en.wikipedia.org

The 31-year-old was detained in Podgorica along with Hon Chang Joon while trying to fly to Dubai using falsified Costa Rican traveling documents, Montenegro’s Interior Ministry said in a statement Thursday. The two were also found with Belgian and South Korean traveling documents, the ministry said; the Belgian papers were falsified, according to Interpol. Police also took three laptops and five mobile phones from the pair, the ministry said.

bloomberg.com

Crypto Fugitive Do Kwon Is Arrested in Montenegro

Kwon’s TerraUSD stablecoin imploded in early May last year South Korea has sought Kwon’s arrest since September

Sangmi Cha
24 March 2023 at 03:40 GMT+8

Do KwonPhotographer: Woohae Cho/Bloomberg Terraform Labs co-founder Do Kwon, who presided over a more than $40 billion cryptocurrency implosion last year, was detained in Montenegro just over a month after the US Securities and Exchange Commission accused him of fraud.

The 31-year-old was detained in Podgorica along with Hon Chang Joon while trying to fly to Dubai using falsified Costa Rican traveling documents, Montenegro’s Interior Ministry said in a statement Thursday. The two were also found with Belgian and South Korean traveling documents, the ministry said; the Belgian papers were falsified, according to Interpol. Police also took three laptops and five mobile phones from the pair, the ministry said.

Kwon’s whereabouts have been the source of constant speculation since September, when authorities in his native South Korea issued a warrant for his arrest on allegations including breaches of capital-markets law. The country has stripped him of his passport and said he’s the subject of an Interpol red notice.

Kwon found himself at the center of one of the crypto sector’s most damaging episodes last May, when the TerraUSD stablecoin he helped create and its sister token Luna suddenly cratered. That event set off a chain of failures across the digital-assets space that culminated with the bankruptcy of Sam Bankman-Fried’s FTX six months later. Outfits from hedge fund Three Arrows Capital to lender Celsius Network toppled along the way.

Read more: All The Ways That Crypto Broke in 2022Kwon didn’t immediately respond to efforts to contact him via Telegram message and email. Representatives of Terraform Labs did not respond to a request for comment. The entrepreneur has previously denied wrongdoing and that he was a fugitive from justice. South Korean prosecutors and police couldn’t immediately be reached after regular hours.

A successor to the Luna token fell more than 7% after news of the arrest before recouping some losses, according to CoinGecko.

Read more about Kwon:

How Onetime Crypto Titan Do Kwon Became a Fugitive: QuickTake

Interpol Issues Red Notice for Terra’s Do Kwon, Korea Says

Do Kwon’s Terra Says Crypto Case Is ‘Highly Politicized’

A $60 Billion Crypto Collapse Reveals a New Kind of Bank Run

FTX Executives Used ‘Korea’ Account to Mask Giant Alameda Debt

In February, the SEC turned up the heat on Kwon when it alleged in federal court that Terraform Labs and Kwon offered and sold unregistered securities, including the stablecoin, and carried out a scheme that wiped out at least $40 billion worth of market value.

Read more: SEC Sues Terraform, Kwon Over Stablecoin in Crypto Collapse The TerraUSD stablecoin was meant to keep a constant value of $1. Unlike other similar tokens that rely on a reserve of liquid assets, the system used on a complex mix of algorithms and trader incentives involving Luna. But it unraveled when confidence in Kwon’s project evaporated during a few chaotic days in early May. Cryptocurrencies swooned, and didn’t recover until early this year.

The prosecutors’ office in Seoul early December said Kwon was reportedly in the landlocked Balkan nation Serbia, a few weeks after indicating that he had flown to Dubai likely as a stopover to destinations unknown after exiting Singapore, where his Terraform Labs project had a base.

Prosecutors have also sought to freeze digital assets allegedly linked to Kwon.

Exactly what sparked the implosion of Kwon’s project remains a mystery. US authorities were investigating possible links to Bankman-Fried, whose FTXexchange and trading house Alameda Research spiraled into bankruptcy in November.

— With assistance by Emily Nicolle, Jasmina Kuzmanovic, Jan Bratanic and Vildana Hajric

(Updates with confirnation of arrest.)

To: maceng2 who wrote (197639)	3/23/2023 11:09:56 PM
From: TobagoJack	Respond to of 218074

watching evolution and waiting to see what, if anything, arises bloomberg.com China Calls on Europe to Support Its Ukraine Peace Proposal European nations should ‘play their due role,’ Wang Yi says US, allies rejected Chinese initiative as biased toward Russia 24 March 2023 at 10:56 GMT+8 China’s top diplomat Wang Yi urged Europe to play a role in supporting peace talks for Russia’s war in Ukraine, though the US has warned Beijing’s proposals would effectively freeze the Kremlin’s territorial gains. “China looks forward to France and other European countries to also play their due role,” Wang told Emmanuel Bonne, a diplomatic advisor to the French president, in a phone call Thursday. “A cease-fire, stopping the war, resuming peace talks and a political settlement of the crisis should become the strategic consensus between China and Europe,” Wang said, according to a statement from the Chinese Foreign Ministry. Vladimir Putin, center right, and Xi Jinping following their talks at the Kremlin in Moscow on March 21. Photographer: Pavel Byrkin/Sputnik/AFP/Getty Images The call came just after President Xi Jinping capped off a state visit to Russia, where President Vladimir Putin pledged even closer ties and hailed Beijing’s proposals for ending the fighting. Xi has sought to reboot his image as a global statesman, with China helping to secure a deal to improve ties between Iran and Saudi Arabia and announcing its own plan for a cease-fire between Russia and Ukraine. Read more: US Fears a War-Weary World May Embrace China’s Ukraine Peace Bid That proposal would freeze Russian troops in place on Ukrainian territory, a non-starter for Kyiv. President Volodymyr Zelenskiy has vowed to continue fighting until they depart. Moscow has shown no sign of stopping its attacks, and continues to claim portions of eastern Ukraine and Crimea as its territory after referendums widely denounced as illegal on annexation. The US and its allies have rejected the Chinese initiative as biased toward Russia. However, US officials worry that dismissing China’s proposal outright could send a message that Washington isn’t interested in peace. Many countries are “playing more of a hedging game because anything that might move toward peace in Ukraine is something that everyone is willing to listen and give time to no matter which quarter it comes from,” said Raffaello Pantucci, a senior fellow at the S. Rajaratnam School of International Studies in Singapore. “There is a risk, however, that it’s attractive diplomatic noise, as a cease-fire, without any meaningful movement behind it is just a freezing of the conflict in its current state.” Spain’s Prime Minister, Pedro Sanchez, announced he would travel next week to China to speak to Xi about the proposal to negotiate a peace agreement between Russia and Ukraine. Brazilian President Luiz Inacio Lula da Silva will begin a five-day visit to China on Sunday, and French President Emmanuel Macron said he would visit in early April to push Beijing to help end Russia’s war in Ukraine. — With assistance by Lucille Liu (Updates with analyst comment.)

To: maceng2 who wrote (197639)	3/23/2023 11:12:56 PM
From: TobagoJack	Read Replies (1) \| Respond to of 218074

Let's see what the global north and south come down on w/r to peace vs war bloomberg.com Not Everyone Is Laughing Off Xi’s Plan for Peace in Ukraine In much of the Global South, the Chinese leader is seen as a peacemaker while many Western leaders are regarded as warmongers. Bobby Ghosh 24 March 2023 at 03:50 GMT+8 The statesman takes a bow. Photographer: Qilai Shen/Bloomberg Xi’s peacemaker act has an appreciative worldwide audience.Cement prices threaten Biden’s infrastructure plans.Why do so many people want to buy Manchester United?The Global South Sees Xi as Peacemaker It was easy enough for the US and other Western governments to dismiss China’s peace plan for the war in Ukraine when it was proposed last month — and there was scorn to spare when President Xi Jinping raised it again during his recent visit with Russian President Vladimir Putin. Critics point out that the plan secures Russian territorial gains and gives Putin breathing space to rebuild his badly damaged fighting force. But Pankaj Mishra argues that, for many outside the West, the Chinese leader comes off as a global statesman. Nations in the Global South that want an end to the war — and the inflation and shortages that have accompanied it — welcome his offer to mediate between the belligerents. Many African and Latin American leaders buy Putin’s argument that NATO and the US are responsible for provoking the war. China benefits from having little historical baggage in many former Western zones of influence around the world. Also helpful to China is the US’s long record of failed wars, abortive nation-building and hypocritical moralizing. “This week’s 20th anniversary of the war in Iraq was a reminder to many of that conflict’s still unaccountable perpetrators and uniformly abysmal legacies, from Islamic State to Donald Trump,” Pankaj writes. At the same time, China is getting credit for mediating an agreement between Iran and Saudi Arabia, which holds out the prospect of ending the long and bloody civil war in Yemen. This further burnishes Xi’s peace-making credentials. Even if his Ukraine plan goes nowhere, China’s new reputation as mediator will grow in relative terms so long as the US seems more committed to war than peace.