Terraform Labs employees have reportedly been told not to leave South Korea. The country’s prosecutors have banned key project developers from leaving the country.
On Monday, Korean media JTBC reportthat the investigation team from the Seoul Southern District Prosecutor’s Office The travel ban for Terraform Labs core team members has been banned. to avoid further investigation.
The report also highlighted that Terraform Labs CEO Do Kwon, a key figure in the investigation. currently residing in Singapore As a result, prosecutors may take measures, such as invalidating Kwon’s passport, before starting a more comprehensive investigation of him.
Terraform developer Daniel Hong tweeted that even former Terraform Labs employees have been barred from leaving the country.get notified to avoid the possibility of destroying evidence while the investigation continues.
Hong alsoshowDisappointed with this ban It said it showed employees were treated like criminals. and noted that employees who may be willing to cooperate may change their minds due to the ban.
refer : LINK
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