Based on South Korean prosecutors, Do Kwon, the lacking co-founder of Terraform Labs, is in Europe, in response to a Friday Bloomberg article.
Moreover, in response to the prosecution, they’ve chat logs that present value manipulation of the tokens he developed.
Do Kwon denied rumors that he was on the run and as a substitute left for Singapore from his native South Korea. He asserted that he had relocated to Singapore earlier than Terra’s demise.
He reaffirmed this assertion on Twitter, asserting that he would host a convention “to recover from this in hiding bs.”
He reportedly departed Singapore for Dubai final month, in response to a earlier Coincu article.
The collapse of the Terra ecosystem has led to many penalties, together with collapsed firms akin to Three Arrows Capital and Celcius. To date, the matter is just not over when Kwon remains to be outlawed.
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