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Do Kwon: The Rise & Fall

Do Kwon has been charged by Montenegrin authorities for attempting to travel with forged documents as the US and South Korea race to extradite him.

Welcome to Market Movers – April 21, 2023 – presented by Megha Chaddah.

The crypto markets settle for less to end the week as Bitcoin struggles to hold onto the US$30,000 mark.

Meanwhile, Montenegro prosecutors charge Terra founder Do Kwon for allegedly attempting to travel with forged documents. His arrest and prosecution comes almost a year after the collapse of Terra Luna.

Elsewhere, the European Union becomes the first major jurisdiction to pass cryptocurrency laws as lawmakers approve the passage of Markets in Cryptoassets law, also known as MiCA.

We’ll have more on these stories in today’s episode of Market Movers, April 21, 2023