Seoul Court Issues Arrest Warrant for Do Kwon and 5 Others

Do Kwon, the founder of the bankrupt Terraform Labs crypto ecosystem, has been issued an arrest warrant from a court in South Korea.

Do Kwon and five others have allegedly violated the nation’s capital markets law and have been issued a warrant from the court in Seoul, the prosecutor’s office informed Bloomberg.
Kwon and the other five are all located in Singapore, Bloomberg reported citing the prosecutor’s office. However, Kwon is yet to reply to an email sent by Bloomberg seeking comment.
Kwon’s tokens, including Terra (LUNA) and Terra Classic (LUNC), collapsed massively after the arrest warrant was issued. …

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