S. Korean Court Issues Arrest Warrant Against Terra Co-Founder Do Kwon: Report

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A South Korean court has issued an arrest warrant against Terra co-founder Do Kwon, according to a report. By parikshitm899

The court in Seoul issued a warrant for Do Kwon and five others, according to a text message from the prosecutor’s office, the report added.

The warrant comes a few months after the Terra ecosystem and its stablecoin collapsed, which led to a massive ripple effect in the crypto markets. The collapse also led to several countries looking at stablecoin regulations and several bankruptcies including high-profile crypto hedge fund Three Arrows Capital .Read more about

 

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parikshitm899 I don't know what's wrong with the Luna community, but Duquan didn't say that I have nothing to do with Luna anymore, so why are you making the arrest of Duquan so bad that it will dump Luna Classic!!? Know this, cowardly people have no place among future rich people

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parikshitm899 Kwon got jailed 5 mins ago, OMG!!! Poor Luna again

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parikshitm899 Odd.. this is trending in the USA. Anywhere else?

parikshitm899 BREAKING: 🇰🇷 South Korea issues arrest warrant for $LUNA scammer founder Do Kwon. Good news future is bright now LUNC and community

parikshitm899 it just takes time but he will be gone

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parikshitm899 Encouraging news Whatever the reason behind the collapse of Terra. CeFis/DeFis feels the effect, which of course also affects users who invested their assets there

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parikshitm899 This is awesome! He embarrassed himself, family, and most of all the great state of South Korea.

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parikshitm899 he is Singaporean residing in Singapore... does this even matter?

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parikshitm899 It's time stablekwon

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parikshitm899 About damn time! This was long overdue for the community.

parikshitm899 And about damn time

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parikshitm899 Hapy good day kwon 😂

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parikshitm899 Quick sell your terra bags

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parikshitm899 It was about time.

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