This week on Crypto Twitter: Good for meme coins, bad for (suspected) crypto criminals

Price pumps for Bitcoin, altcoins, and a number of meme coins in the market have been buzzing on Crypto Twitter this week—unless, of course, you're a crypto executive caught in the crosshairs of the US government.

The Bitcoin ecosystem has been on a steady upward climb for weeks BTCa lot Bitcoin ordinary collectionsand the protocol ORDI token All are seeing huge profits. On Twitter, excitement has reached fever pitch, with many top Bitcoin experts trying to make the world's top cryptocurrency keep growing forever.

On Solana, SOL He continued to rise Also in recent days, pushing forward for the altcoin's impressive journey that has been steadily advancing since October. Despite all the hype this week, it centered around BONK, the network's top meme coin, which (probably) earned the coveted honor of being one of the first three dog-themed coins in crypto. on Tuesday. The coin has gained an incredible 1,019% in the past month. CoinGecko.

Those profits, combined with high activity and many price gains Other meme coins Including PEPE, DOGE, and SHIB—with hundreds of millions of dollars raised from DeFi airdrops this week—all gathered to create an outcry on Twitter as crypto users appeared fully convinced that the long-lasting crypto winter might finally be over.

If you're a crypto founder who has been involved in criminal charges with the US Department of Justice, things probably aren't looking so rosy.

A report on Thursday said it was Montenegro. Ready to deliver Terra founder Do Kwon to New York, where LUNA and UST The creator faces criminal fraud charges by the US government.

And a few hours later a federal judge in Seattle Normally prohibited Binance founder Changpeng Zhao has refused to return to his family in the United Arab Emirates while awaiting sentencing for violating US money laundering laws, calling the crypto-rich man “a flight risk with no connection to the United States.”

Some Twitter users wondered how the ruling would affect Zhao's social life, as the crypto founder is now likely to remain in the Seattle area until February.

Zhao doesn't seem happy with Seattle just yet.

But he should not be afraid: they said Many ways To make the most of his time in the jewel of the Pacific Northwest while waiting to see him go to prison.

Edited by Ryan Ozawa.