It is reported that the South Korean Ministry of Justice Approved a prosecutor’s request ordering Terraform Labs co-founder Do Kwon to notify authorities upon his return to the country. He is currently believed to live in Singapore.
actioncollapseThe LUNA token – and its Stablecoin Algorithm – UST – was one of the most discussed topics in the cryptocurrency community over the past two months. With many investors experiencing losses. while somestart lookingReasonable cause of the incident by blaming Do Kwon, CEO and co-founder of Terra.
while followingnews reportMost recently, the 31-year-old Do Kwon, who is now believed to be living in Singapore. He also faces all charges, including allegations of fraud and illegal fundraising. Prosecutors have also investigated Kwon’s tax evasion by transferring crypto assets to his account. foreign or not
Previously, the South Korean authoritiesbanSeveral top Terra executives have left the country, including another project co-founder, Daniel Shin.
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