Do Kwon, Reportedly In Hiding In Europe, Taunts Cops For A ‘Meet Up’
Crypto bigshot Do Kwon, who is wanted by prosecutors and the subject of a class action lawsuit by more than 300 investors from Singapore, is reportedly seeking refuge in Europe. This is according to information shared both by the South Korean prosecutors and the Korean Broadcasting System (KBS). The 1927-founded national broadcaster said it is […]
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As of Sunday, Do Kwon, the disgraced co-founder of the Terra ecosystem which collapsed dramatically in May and for whom the Singapore Police Force had issued an arrest warrant, is no longer in the country. Last Monday, Kwon and five others were named in an arrest order issued by South Korean prosecutors. He is largely responsible for […]
On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding out in Europe. Local Report Claims South Korean Prosecutors Have Evidence of Do Kwon Ordering an Associate to Manipulate LUNA’s Price A report published by the local KBS News claims the co-creator of the Terra blockchain project, Do Kwon, is currently located in Europe. The news was discovered....
The collapse of the algorithmic stablecoin Terra and its native token LUNA remained a shocking event in the crypto space. The outcome was the loss of billions of dollars for many individual and institutional investors. It also threw the entire crypto industry into a historic crisis. Lots of changes have taken place following the fall of the stablecoin. Subsequently, some investigations and legal cases have been against the founder of Terraform Labs, Do Kwon. Firstly, the South Korean Prosecutors leveled some allegations against the Terra Chief. Related Reading: Polkadot Price Drops On....
A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies. Members of a 4,400-strong Discord group called the “UST Restitution Group” (URG) have been attempting to track down the whereabouts of Terra co-founder Do Kwon.Members of the group, seemingly out of frustration at the lack of results from law enforcement agencies, are scouring the internet for clues and sharing them with the group in an attempt to track down Kwon. Members have suggested that he could be residing in places such as Russia, Dubai,....
The UST Restitution Group is on Do Kwon’s tail. A few governments and this civilian group are all out looking for the Terra creator, who insists that he’s not on the run. The Terra/ Luna collapse was one for the books, and that book is still open. We will write many more headlines about Do Kwon, and probably a few about the UST Restitution Group also. What’s done is done, some might say, but others will not rest until the case involves a court. Related Reading: Are There Any Chances Of Terra UST Victims Getting Refunded? Let’s Find Out In the FT article menacingly titled “Retail investors....