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#orocryptotrends is Latest Crypto News Updates! 🚀 Stay informed with the latest updates on cryptocurrency news, marketing analysis, trading tips, and coin trends from OroCryptoTrends.

#orocryptotrends is Latest Crypto News Updates! 🚀

Stay informed with the latest updates on cryptocurrency news, marketing analysis, trading tips, and coin trends from OroCryptoTrends.

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#cpi #bitcoinhalving # Montenegro Court Approves Do Kwon's Extradition: What You Need to Know ## Background The ongoing legal saga surrounding **Do Kwon**, often referred to as the *"cryptocurrency king,"* has taken yet another twist. Do Kwon, the founder of **Terraform Labs**, was arrested in Montenegro last year. ## The Extradition Process 1. **Initial Ruling**: In February 2024, the **Higher Court in Podgorica** approved the expedited extradition of Do Kwon to the U.S. following a request by federal prosecutors in New York¹². He was charged with fraud related to the **$40 billion crash** of Terraform Labs' cryptocurrency, which significantly impacted retail investors worldwide. 2. **Supreme Court Reversal**: However, the local **Supreme Court of Montenegro** later overturned this decision, rejecting the extradition to the U.S. and restarting the process⁸. Instead, they favored South Korea's request for Do Kwon's extradition. 3. **Latest Development**: Now, Montenegro's **top court** has once again ruled in favor of the U.S., stating that Do Kwon should be extradited to face fraud charges there rather than returning to his native South Korea⁷. The final decision lies with Montenegro's **Justice Minister Andrej Milovic**. ## Terra's Implosion Do Kwon and five others associated with Terraform Labs faced allegations of fraud and financial crimes related to the implosion of its digital currencies in **May 2022**. TerraUSD, designed as a *"stablecoin,"* suffered a drastic loss in market value, affecting holders worldwide. The stablecoin, along with its sister currency **Luna**, plummeted far below its $1 peg, causing significant losses⁴. ## What's Next? While the legal battle continues, Do Kwon's fate remains uncertain. If extradited to the U.S., he could face up to **40 years in jail** for the charges against him. The extradition process is still subject to appeal, and the saga continues as Montenegro's courts deliberate on the matter⁹. Source:Do Kwon's US Extradition Overturne #saga #share2win #orocryptotrends
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#bitcoinhalving #cpi **Crypto Market Update: XRP, DOGE, and SHIB Show Bullish Signs** --- **XRP Primed for a Move Toward $0.65** Following a recent dip to $0.59 on April 10, XRP has bounced back, currently trading at $0.62. The Accumulation/Distribution (A/D) indicator suggests strong buying interest, which could drive the price towards the $0.65 resistance level. Despite a battle between buyers and sellers indicated by the MACD, XRP's short-term trajectory looks promising. **DOGE Eyes $0.22 Amid Bullish Momentum** Dogecoin has reclaimed $0.20 with a notable 6.99% gain in the past 24 hours, fueled by a golden cross formation on April 7 (20 EMA crossing over the 50 EMA). Sustained bullish sentiment may propel DOGE towards $0.22, unless bears intervene, potentially pulling the price back to $0.18 if bullish momentum weakens. **SHIB Faces Resistance at $0.000030, Poised for Upside** Shiba Inu (SHIB) struggles near the $0.000030 psychological barrier, experiencing a rejection at $0.000029 recently. Despite this, increasing buying momentum (indicated by RSI) and rising Chaikin Money Flow (CMF) suggest a potential surge towards $0.000035 in the near term. --- **Insights and Forecasts** - **XRP**: Lookout for $0.65 Resistance Amidst Accumulation/Distribution Signals. - **DOGE**: Golden Cross Points to Potential Move Towards $0.22. - **SHIB**: Building Momentum Towards $0.000035 Despite Recent Resistance. *Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Readers should exercise caution and conduct their own research before making investment decisions.*#Memecoins #BinanceLaunchpool #orocryptotrends $DOGE $XRP
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