Daily Crypto Oct. 23: Lucky Trader Gets Profits 3,000x from GNON to Montenegro Paused Do Kwon Extradition

Welcome to the Daily Crypto section in OLE777 – Asia 1st Multiplatform Crypto Gaming. Today, the writer will highlight the most popular news in the crypto industry: a trader recently earned a staggering 3,000x return on the Numogram (GNON) token. Meanwhile, Meta is developing a memory feature for its AI on WhatsApp and Montenegro has paused the extradition of Do Kwon regarding to the international financial criminal.

Lucky Traders Get Profit 3,000x from Numogram Token

A lucky trader successfully gets a profit of 3,000x from a low-market price token. This cryptocurrency trader has turned a $3,000 investment into a massive $9 million profit by trading a Solana-based memecoin, Numogram (GNON). 

Launched on October 17, this low-market cap coin gave the trader an astonishing 3,000x return in three days on October 20. On-chain analytics firm Lookonchain highlighted this transaction, noting that the trader used three wallets to buy 56 million GNON tokens, selling only a small portion to realize his profits. 

This success story illustrates the high-reward potential in altcoin trading, particularly within the volatile memecoin market.

Read more: A Lucky Trader Profits $1.1 Million from GOAT Memecoin

Meta is Developing a Memory Feature for AI Chats

Meta is reportedly developing a memory feature for Meta AI on WhatsApp, aimed at making interactions more personalized. This feature will allow the bot to remember user preferences, like food choices, conversation styles, or interests in books and podcasts.

In a recent WhatsApp beta update for Android (version 2.24.22.9), WABetaInfo revealed that Meta AI will retain information shared by users to provide more customized responses. Users can also save specific details manually by using a “remember this” command.

This memory section will give Meta AI the ability to avoid irrelevant suggestions, such as food preferences or allergies, enhancing its role as a more personalized assistant. Users will retain full control over the data, with the ability to update or delete information whenever they wish.

Meta has yet to confirm the release of this feature.

Read more: Donald Trump’s Token Sold Over 220 Million in The First 20 Minutes

Montenegro Paused Do Kwon Extradition

Montenegro’s Constitutional Court has temporarily halted the extradition of South Korean crypto executive Do Kwon, who is wanted by both South Korea and the US. In September, the Supreme Court ruled that the Minister of Justice should decide on Kwon’s extradition, but the Constitutional Court has paused this ruling while they review Kwon’s appeal.

Do Kwon, along with Terraform’s former CFO, Han Chang-joon, was arrested in March 2023 for using forged travel documents at a Montenegrin airport. Kwon is wanted for financial crimes in South Korea and fraud in the US. His company, Terraform, collapsed in 2022, wiping out billions of dollars and severely impacting investors.

The Justice Ministry emphasized the need for timely communication between government institutions, urging the Constitutional Court to resolve the case quickly. Meanwhile, another crypto-fraud case involving Polish national Roman Zimian adds to Montenegro’s legal challenges regarding international financial criminals.