🪙 Crypto and Blockchain News (November 25, 2023):

1️⃣ VISI SUD: The court in Podgorica has rendered a favorable decision in the extradition case of Terraform Labs (TFL) founder Do Kwon. According to the document, requests from both South Korean and U.S. authorities have been satisfied. The final decision on Kwon's extradition will be made by the country's Minister of Justice. Extradition is possible after the head of #tfl serves a four-month prison term for document forgery. 🌐

2️⃣ Wallet of Satoshi: The team behind the custodial Lightning #wallet for mobile devices, Wallet of Satoshi, has announced the removal of the app from the App Store and Google Play in the U.S., along with discontinuing service for American clients. The reasons for this decision have not been disclosed. Users in the U.S. have the option to withdraw or transfer funds to another wallet. 💼

3️⃣ Protos: Spanish football club "Atletico Madrid" has filed a lawsuit against the bitcoin exchange WhaleFin due to non-payment under a sponsorship contract of €40 million ($44 million). Ahead of the 2022/23 season, the team entered into a five-year contract with the Singaporean firm, but now claims that the platform breached it by failing to pay the promised amount. The club is seeking compensation of €20 million. ⚖️ Unfair deals can impact the industry's reputation.

4️⃣ Reuters: The President of the European Central Bank (ECB), Christine Lagarde, admitted that her son lost 60% on investments in digital assets, despite numerous warnings. 🤔 Investments in cryptocurrencies carry risks, and even experienced investors may face losses.

5️⃣ CoinGecko: 10 out of 11 tokens from artificial intelligence projects experienced growth after the turmoil at OpenAI. Akash Network (AKT) showed the highest increase — 61%, rising from $1.02 to $1.65 since Altman's departure. The coin reached its peak on November 20 at $1.85. 🚀

🔔 If you found the information useful, please like and share your thoughts in the comments!