South Korea and U.S. Request Do Kwon’s Extradition [ Crypto Espresso 3.29.23 ]

It's Wednesday and you know what that Means come close I'll tell you news That's right I'm your boisterous host Andrew and this is crypto espresso your Teeny tiny daily shot of caffeinated Crypto headlines let's moonwalk into the News ow first up it's a tug of war as Both the U.S and South Korea are Requesting dokwan's extradition but it Might not happen anytime soon Tara's Co-founder is being held in Montenegro Where he's been accused of attempting to Use falsified travel documents to fly to Dubai that's an offense that can carry Up to five years of imprisonment and Officials in the country have suggested That extradition would only be Considered after a trial and the Sentence is served criminal charges have Been brought following the 40 billion Dollar collapse of Luna and UST last May And while Juan denies that he was on the Run an Interpol red notice had been Issued shortly after Kwan's arrest last Week prosecutors in New York charged him With conspiracy to defraud two counts of Commodities fraud Securities fraud wire Fraud and conspiracy to defraud and Engage in Market manipulation Bitcoin has bounced back hard over the Past 24 hours shrugging off recent Developments in the crypto markets Despite the lingering threat of Enforcement action and civil complaints

By the SEC and the cftc in the U.S the World's biggest cryptocurrency has Surged by over five percent Bitcoin hit Highs of 28 619 on Wednesday ticking it Close to 90 day highs of 28 803.34 cents according to coin market Cap data piercing this price point would Propel Bitcoin to levels not seen since Last June and provide further Confirmation that the bear Market is Finally over there could be further Fireworks in the coming days as Bitcoin Battles to secure its best quarter in Two years as of time of writing Bitcoin Has appreciated by 71.43 since the year Began and that's all despite ongoing Concerns about inflation interest rates And the threat of a recession Bitcoin Had suffered losses in every single Quarter of 2022 and hasn't performed This well since q1 2021 when prices Doubled ethereum validators now know When they're gonna be be able to Withdraw their eth two key upgrades Shanghai and capella are going to be Activated on April 12th and these Upgrades are significant Milestones back In December of 2020 a deposit contract Launched that allowed enthusiasts to Lock up their eth the latest figures From etherscan suggest that more than 17.9 million eth is currently stored in That deposit contract and as of time of Writing that has a value of 32.4 billion

Dollars but stickers have been warned That the process of being reunited with Their eath could take weeks or months as A staggered approach is being adopted And the chappella upgrade doesn't Necessarily mean that we're going to see A rush for the exit the addition of Withdrawals could entice other Enthusiasts to actually start staking Safe in the knowledge that they will be Able to reclaim their eth more easily if Required and finally unleash the kraken As Kraken has Inked a global partnership With a Formula One team indicating that Crypto firms are starting to return to Sponsorship deals after a punch in Crypto winter nature is healing kicking Off with the Australian Grand Prix in Melbourne it's the first Partnership of Its kind for Kraken and as part of the Deal the rear wing will show off nfts From leading projects at one point Eighty percent of F1 teams had at least One crypto sponsor but a brutal bear Market coupled with a slew of Bankruptcies meant all things started to Change Mercedes pulled the plug on its Collaboration with FTX after the Exchange was tipped into bankruptcy and Speaking of tipping here's a tip like This video subscribe to our YouTube Channel and click on that little bell Icon to get buzzed whenever a new crypto Espresso video goes live and what did

You think of today's episode well you Can let me know in those comments below Just watch out for the spams and the Scams questions about our headlines or Crypto in general just ask Alex in that Description below Alex is always a great Resource for all things web 3 and the Metaverse and that about does it for Today again I've been your host Andrew These have been your headlines and we'll See all of your beautiful shining faces Tomorrow