In conjunction with Kwon’s actions, police have also detained one close aide. Kwon is the subject of a “Red Notice” from Interpol, the international police agency. On Thursday, South Korean officials started the process of revoking the passport of Do Kwon, founder of Terraform Labs, whose firm was responsible for
Over recent months, the South Korean government has been monitoring the activities of the Terrafarms Labs, CEO – Do Kwon. In mid May, the entire Terra community crashed and faced a terrible issue affecting the investors and the users. Following the South Korean authorities was seeking to arrest Do Kwon
More cases filed against Terra founder Do Kwon and he denies such allegations. BTC and crypto assets worth $39 million frozen. With the entire empire completely crumbling down, continuous reports and cases have been filed against the Terra founder Do Kwon. The downfall of the LUNA, and UST has completely
Do Kwon asserts he had no participation in the alleged transfer of 3,310 BTCs to KuCoin and OKX. South Korean authorities recently asked Interpol to issue a red notice on Kwon. Do Kwon, the founder, and CEO of Terraform Labs rejects controversies regarding the recent cashout allegations. In the latest
3313 BTC was transferred to both the Kucoin and OKX wallets. This was allegedly done shortly after Kwon’s arrest warrant was issued on September 14th. Luna Foundation Guard [LFG] transferred 3313 Bitcoins worth over $69 million to two cryptocurrency exchanges operating outside of South Korea. This was allegedly done shortly
Interpol demanded the law enforcement agencies find and detain Do Kwon. According to authorities, Kwon is accused of defrauding investors’ money in the country. The arrest of Terraform Labs founder Do Kwon has been demanded by regulators globally. Now, the South Korean authorities have said that the International Criminal Police
According To South Korean prosecutors, Kwon is obviously on the run. He is refusing to participate with the investigation. Do Kwon, the founder of Terraform Labs accused of fraud following the dramatic collapse of the firm’s cryptocurrencies in May, is clearly on the run, according to South Korean prosecutors. And
According to Do Kwon, they are currently defending themselves in a number of jurisdictions. His tweets gave no indication of where he was. South Korean prosecutors filed an arrest warrant earlier this week for Do Kwon, the co-founder of the Terra ecosystem, which fell catastrophically in May. They also requested
Terra platform’s downfall in May included the collapse of the TerraUSD stablecoin. A court in Seoul issued a warrant for Do Kwon and five others on suspicion. A fresh investigation is going on Terra (LUNA). Today A court in South Korea has issued an arrest warrant for Do Kwon. The
South Korea’s Ministry of Justice banned the officials of Terra from leaving the country. Do Kwon is issued notice to enter the country, who now lives in Singapore. The fall of UST initiated the bearish rally of the crypto market. Following the Crashdown of Terra(LUNA), the entire market dipped down
