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South Korea has issued arrest warrant for Terraform Labs founder Do Kwon who is hiding in SG!

covertbriar

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A South Korean court has issued an arrest warrant for Do Kwon, the primary developer of cryptocurrencies Luna and TerraUSD, whose spectacular collapse in May roiled crypto markets around the world.


Kwon, also the founder of blockchain platform Terraform Labs, has been accused of fraud by investors in the wake of the collapse.


"An arrest warrant has been issued for a total of six people, including Do Kwon, who are currently residing in Singapore," a spokesperson for prosecutors said on Wednesday without elaborating on the reason.

More at https://shrtcô.de/zthhSw
 
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