Crypto News Roundup: Do Kwon’s Extradition, Tesla Bombing & a $1M Scam Lawsuit

Krutika Adani

Do Kwon Extradited to the US

  • Arrested in Montenegro in 2023.

  • Extradited to the US on Jan 2, 2025.

  • Expected to face severe legal consequences.

Tesla Cybertruck Explosion

  • A Tesla Cybertruck exploded in Las Vegas.

  • Driver killed, seven others injured.

  • Authorities are investigating the cause.

California Man Sues Over $1M Loss

  • Victim of a pig-butchering scam.

  • Suing DBS Bank, Fubon Bank & Chong Hing Bank.

  • Banks accused of failing to prevent fraud.

Crypto Losses Drop Sharply

  • $28.6M stolen in December 2024.

  • Lowest monthly crypto losses of the year.

  • Significant improvement from November’s $98.3M.

US Now Controls Over 40% of Global BTC Hash Rate

  • Led by Foundry USA & MARA Pool.

  • Further solidifies US dominance in crypto mining.

  • Could shape future Bitcoin regulations.

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