LUNA investors may be panicking right now thanks to this Do Kwon update

Singapore city Singapore South Korea FIVE Cooper Luna

19.09.2022 - 00:43

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ambcrypto.com:

According to a report, an arrest warrant has been issued by a court in South Korea against the founder of Terraform Labs, Do Kwon, and five others. The report in question went on to say that the allegations against Do Kwon include violations of the country’s capital markets laws, among others.

South Korean authorities believe that Do Kwon and the others named in the arrest warrant are now residents in Singapore. On the contrary, a statement by the Singapore Police Force on 17 September claimed that Do Kwon is not in the country.

In a series of tweets put out by Do Kwon himself, the exec denied being “on the run.” In fact, he claimed that he is “in the process of defending” himself and others “in multiple jurisdictions.”

<p lang=«en» dir=«ltr» xml:lang=«en»>I am not “on the run” or anything similar – for any government agency that has shown interest to communicate, we are in full cooperation and we don’t have anything to hide

— Do Kwon

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About this in other media

Terraform Says Case Against Do Kwon Is ‘Politicized’ and LUNC ‘Isn’t a Security’ cryptonews.com /2 years ago

Terra founder wanted by Interpol tweets he is making ‘zero effort’ to hide theguardian.com /2 years ago

South Korea’s Interpol issues ‘Red Notice’ for Do Kwon- Details inside ambcrypto.com /2 years ago

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