Here’s Where Terra Founder Do Kwon Is Likely Hiding

Dec 13,2022
Here’s Where Terra Founder Do Kwon Is Likely Hiding

basisNorth Korea DailyOne of the largest newspapers in South Korea, co founder and CEO of Terraform Labs, got information from a senior official who participated in the investigation of the disgraced data encryption entrepreneur and is hiding in Serbia at this stage

The South Korean prosecutor is now asking the Serbian government to cooperate

In September, Kuang and five other people involved in the Terra implosion were arrested. Terra co founders were accused of flouting asset market rules and other misconduct. Interpol, an international economic organization that promotes police cooperation and crime control around the world, also issued a red arrest warrant in the same month

At the beginning of October, the Ministry of Foreign Affairs of the Republic of Korea instructed Quan Zhifeng to take out his passport and visa

The 60 billion dollar Terra green ecological collapse in May was blamed.

Earlier this December, the New York TimesReportForeign federal prosecutors gradually investigate whether FTX and sister trading company Alameda Research have controlled the stable currency prices of Luna and TerraUSD

At present, it is not clear whether Bankman Fried really committed all the mistakes, but Kwon has already seized the opportunity to cover up his reputation according to the superficial accusationsBankman FriedThe Terra ecosystem was destroyed due to the "attack". Since the plane crash, his efforts to save face have been fruitless. Customers still accuse Kuang Qizhi of being a fraud company