Nearly 4,400 former Terraform Labs investors have formed the UST Restitution Group (URG) in an effort to find Do Kwon, the man behind the failed firm, according to the Financial Times. report
Many people in that group Reportedly they lost their life’s savings when Terra fell, and they’re now searching the internet for clues about the founder’s whereabouts. and share your findings in the Discord group.
South Korean court issuedarrest warrant Do Kwon a month ago and interpolissue a red noticelater arrested
Members of the UST Restitution Group indicate that Kwon may be based in Dubai. Those who invested flew to Dubai to try to track him down with only a 50-50 chance, while other possible locations include Russia, Azerbaijan and Seychelles.
One UST Restitution Group member wrote: ‘Dubai is crypto-friendly. and has a limited extradition treaty.’
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