Local authorities in Singapore have announced they have started an investigation linked to Do Kwon’s Terraform Labs. followBloomberg Report
Singapore Police sent an email on March 6 stating that an “investigation has begun regarding Terraform Labs.” “In progress” and Do Kwon is not in the country at the moment.
Do Kwon, who is wanted by South Korean officials Has been escaping for almost a year now. He fled to Singapore in April last year before heading to Dubai and Serbia. which was the last place he was seen
The collapse of TerraUSD last year led to bankruptcies in the crypto industry, including hedge fund Three Arrows Capital and crypto lenders Voyager Digital and Celsius Network.
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