{"id":622186,"date":"2023-03-26T13:49:15","date_gmt":"2023-03-26T18:49:15","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/03\/26\/the-week-in-crypto-do-kwon-greenpeace-and-the-sec\/"},"modified":"2023-03-26T13:49:15","modified_gmt":"2023-03-26T18:49:15","slug":"the-week-in-crypto-do-kwon-greenpeace-and-the-sec","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/03\/26\/the-week-in-crypto-do-kwon-greenpeace-and-the-sec\/","title":{"rendered":"The Week in Crypto \u2013 Do Kwon, Greenpeace, and the SEC"},"content":{"rendered":"
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By Mark Hunter<\/a><\/span><\/span><\/p>\n

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1 day agoSat Mar 25 2023 07:59:30<\/span><\/p>\n

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\"This-Week-in-Crypto-240323\"\t\t\t\t\t\t\t\t\t\t\t<\/p>\n

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Reading Time: <\/span> 2<\/span> minutes<\/span><\/span><\/p>\n

This week in the crypto world we\u2019ve seen high profile arrests, 11-foot Bitcoin skulls, Bitcoin ATMs hacked, the SEC continuing its rampage, and more. But what bugs bit us the hardest this week?<\/span><\/p>\n

Grab your bite cream and follow us once more into the crypto jungle.<\/span><\/p>\n

Do Kwon Arrested<\/span><\/h2>\n

Do Kwon was finally in police custody this week<\/span><\/a>, much to the delight of Terra victims, having been detained by police at Podgorica Airport in Montenegro trying to board a plane to Dubai. Police found forged Costa Rican and Belgian passports in Kwon\u2019s possessions and arrested him, with the U.S. immediately filing fraud charges against him.<\/span>
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\n<\/span>The U.S. will face an extradition battle with South Korea however, which has filed its own charges against Kwon, and it will be up to the courts to decide where he goes first. Wherever he does go, it\u2019s pretty clear where he\u2019ll end up.<\/span><\/p>\n

Greenpeace Commissions Stunning Bitcoin Artwork<\/span><\/h2>\n

Greenpeace made an absolute balls up this week in its attempt to raise awareness of Bitcoin\u2019s energy consumption (which, for the record, is about 0.25% of the world\u2019s waste energy). The charity funded an 11-foot sculpture by Canadian artist Von Wong made of electronic waste in an attempt to reinforce Bitcoin\u2019s wasteful nature, but what resulted was a piece or art so stunning that not only has its meaning been totally lost, <\/span>the Bitcoin community loves it<\/span><\/a>!<\/span><\/p>\n

Just as well, seeing as its \u2018change the code, not the climate\u2019 movement is trash itself.<\/span><\/p>\n

SEC Has Another Busy Week<\/span><\/h2>\n

The Securities and Exchange Commission (SEC) has had another busy week this week, doing what it can to crush the crypto space under its hefty foot after first inviting it there for cordial discussions. In fact, all its activities seemed to arrive on the same day, Thursday, with the agency:<\/span><\/p>\n