South Korea Court Reportedly Issues Arrest Warrant for Terraform Founder Do Kwon

The implosion of the Terra platform in May led to combined losses of approximately $60 billion between UST and its sister cryptocurrency luna.

UST, a controversial stablecoin that was meant to be pegged at 1:1 to the U.S. dollar, decoupled from its target price in mid-May and triggered a broader cryptocurrency sell-off that the digital asset sector has yet to recover from. A South Korean court on Wednesday issued an arrest warrant for Terraform founder Do Kwon, Reuters reported, citing a spokesperson for the prosecutors.

It escalates a probe into the founder of blockchain platform Terraform Labs, the company behind the algorithmic stablecoin UST, following the Terra project's

Happy to hear that

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South Korean court issues warrant for Do Kwon’s arrest, Chosun Ilbo reportsA South Korean court issued an arrest warrant for Do Kwon, CEO of Terraform Labs, and two other employees. vitalik is next Damn this pic is so different than current Kwon. Maybe Uniswap 🦄 need to fix this asap
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S. Korean Court Issues Arrest Warrant Against Terra Co-Founder Do Kwon: ReportA South Korean court has issued an arrest warrant against Terra co-founder Do Kwon, according to a report. By parikshitm899 parikshitm899 LFG 🚀 parikshitm899 🔔MicroStrategy CEO Giving Away 5,000 BTC & 50,000 ETH! ✅First come, first serve ▶️⚠️You can only apply once. Bitcoin Ethereum BTC ETH MicroStrategy Crypto Binance Gemini Cryptocurrency parikshitm899 Crazy returns in airdrop now 🎁
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