Spanish Founder Faces Extradition Over Crypto Scheme for North Korea
Spanish founder, Cao de Benos, faces extradition for his alleged involvement in a crypto scheme aiding North Korea.
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In the short term, a potential bullish divergence is emerging for $BTC, reminiscent of the pattern we saw in September of last year.
02/09 22:30
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- Hui Xin
Founder of Pro-North Korea Group Arrested in Spain over U.S. Charges
Alejandro Cao de Benos, a flamboyant Spanish aristocrat and founder of the pro-North Korea group Korea Friendship Association (KFA), was arrested in Madrid last week on U.S. charges related to cryptocurrency technology. Despite his release a day later, the saga highlights the complex web of international sanctions, political agendas, and alleged illicit activities surrounding North Korea.
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