'We have a responsibility:' Trudeau urges global leaders to support pact for future
Prime Minister Justin Trudeau is telling world leaders to either bury their heads in the sand or put differences aside for the sake of future generations.
Do Kwon, a disgraced tycoon behind the collapse of the TerraUSD and Luna coins that in May, is hiding in Serbia, according to South Korean prosecutors who are seeking to take him into custody.
Kwon, a South Korean national, had made his way from Singapore, where he was living while running the blockchain platform Terraform Labs, to Dubai and finally to Serbia, a spokesperson for the Seoul Southern District Prosecutors' Office told CNN on Tuesday.
The office became aware that Kwon was in Serbia in November and was tracking him, according to the spokesperson, adding that it was seeking assistance from the Serbian government to arrest and extradite him.
In September, a South Korean court issued an for him, after he was accused of fraud by investors in the wake of the collapse of his company.
Kwon has been charged with fraud and breaches of South Korea's capital markets law. He that he didn't believe the charges were legitimate, adding that they were "politically motivated."
The crypto developer has repeatedly that he was not "on the run," but refused to disclose his whereabouts due to worries about his personal security.
Terraform Labs was behind the TerraUSD "stablecoin," which in theory was meant to retain a US$1 price point, and its sister coin Luna. Both coins lost much of their value in a matter of days in May, wiping tens of billions of dollars in value from the crypto market and setting off across the speculative sector.
The collapse of the two linked coins kick started the so-called "crypto winter," from which the industry was struggling to recover even as it experienced another huge blow from the in November. Sam Bankman-Fried, the founder of FTX, was arrested in the Bahamas on Monday after US prosecutors filed criminal charges against him.
— Jon Sarlin contributed to this report.
Prime Minister Justin Trudeau is telling world leaders to either bury their heads in the sand or put differences aside for the sake of future generations.
An Edmonton man says he was in the wrong place at the wrong time when he was injured by members of the Edmonton Police Service last year.
The head of the Air Canada pilots union says she'll step down if members opt not to approve a tentative deal with the airline, raising the stakes as aviators mull whether to accept hefty salary gains or drive an even harder bargain.
Unifor says workers at General Motors' CAMI assembly plant and battery facility in southwestern Ontario have ratified a new collective agreement.
The brother of a 27-year-old man who was fatally shot in Scarborough over the weekend has been arrested and charged in connection with his death, say police.
Comedian John Mulaney and actor Olivia Munn now have a second child, a daughter named Mei June Mulaney.
Kate, the Princess of Wales, made her first public appearance Sunday since she announced she had completed chemotherapy and would return to some public duties.
At least two students at Gettysburg College in Pennsylvania have been suspended from the swim team after a report that a racial slur was scratched onto a student's body, officials said.
Body mass index, a long-time tool used to measure a person's health, may soon be out the door as some health professionals push for a system they say is more accurate.
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An anonymous business owner paid off the mortgage for a New Brunswick not-for-profit.
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Paleontologists from the Royal B.C. Museum have uncovered "a trove of extraordinary fossils" high in the mountains of northern B.C., the museum announced Thursday.
The search for a missing ancient 28-year-old chocolate donkey ended with a tragic discovery Wednesday.
The Royal Canadian Mounted Police is celebrating an important milestone in the organization's history: 50 years since the first women joined the force.
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