As mentioned in an earlier Coincu News article, on September 14, s South Korean court has ordered the arrest of Do Kwon, CEO of Terraform Labs, the company behind the cryptocurrency LUNA and UST project. According to reports, arrest warrants have been issued for Kwon and five others.
However his arrest is facing difficulties as Do Kwon is believed to be in Singapore with a work pass.
Facing a wanted manhunt, Do Kwon spoke out in his tweed series on Saturday, sharing that he is not on the run, he is ready to cooperate with any government agency if necessary because there’s nothing to hide.
The founder of Terra added that he is just defending himself in many jurisdictions and believes that the truth will soon be revealed in the near future.
According to a recent Reuters report, the police said that he is not currently in Singapore as previously known. While Do Kwon’s exact whereabouts are still unclear, South Korean authorities have confirmed that he is not in Singapore. sought to limit his ability to travel, issued an arrest warrant for the crypto founder and sought to freeze his passport.
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