South Korean Authorities Issued a Notice Upon Arrival to Do Kwon (Report)

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South Korean Authorities Issued a Notice Upon Arrival to Do Kwon (Report)
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Once returning to South Korea, Do Kwon will be reportedly obliged to inform the relevant authorities and face all accusations against him.

The South Korean Ministry of Justice reportedly approved the prosecutors’ request that the notorious Co-Founder of Terraform Labs – Do Kwon – be ordered to notify authorities when he returns to his country. He is believed to be currently residing in Singapore.of Terra’s native token – LUNA – and its algorithmic stablecoin – UST – was one of the most discussed topics in the cryptocurrency community two months ago. The latter lost its peg and dropped way below the target of $1.

To consider the significance of the problem, it is worth noting that the asset was among the top 10 biggest cryptocurrencies by market capitalization before the collapse, while it was worth virtually zero just a few days later. Numerous investors suffered considerable losses, while some logicallyAccording to a recent

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