{"id":346918,"date":"2022-09-20T05:44:18","date_gmt":"2022-09-20T09:44:18","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=346918"},"modified":"2022-09-20T06:00:53","modified_gmt":"2022-09-20T10:00:53","slug":"do-kwon-in-trouble-terra-founder-is-now-a-fugitive-according-to-south-korea","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/do-kwon-in-trouble-terra-founder-is-now-a-fugitive-according-to-south-korea","title":{"rendered":"Do Kwon in Trouble \u2013 Terra Founder is now a Fugitive According to South Korea"},"content":{"rendered":"

Those who lost everything during the Terra crash have waited for justice a bit too long. They have had nothing to show for it. When they asked Do Kwon on Twitter to somehow provide them a reprieve, nobody listened. Desperation started the #lunaburn campaign where they’re trying to do the impossible. But now Do Kwon’s chickens have come home to roost as the Terra founder is a fugitive, according to South Korea.<\/p>\n

The country\u2019s prosecutors issued a warrant<\/a> for his arrest last week.<\/p>\n

Terra Founder is now a Fugitive<\/strong><\/h2>\n

Do Kwon’s already drawn the ire of South Korean authorities due to the events of the Terra crash and the less than optimal explanation behind it. But what put the final nail in the coffin was Do Kwon leaving the country for Singapore.<\/p>\n

And as soon he left, his family soon followed, as well as the company’s former executive. All of them are now in Singapore.<\/p>\n

To those who don’t know, Terra’s founder’s indecisive actions led to Terra’s collapse and zapped <\/strong>$60 billion out of existence. Regulators are hard at work finding the reason behind this drop. Many believe it was an immaculately created pump-and-dump scheme that aimed to make one person rich. However, Do Kwon has claimed he himself lost his own assets in the crash.<\/p>\n

However, that’s not the reason behind the arrest warrant issued. As soon as Do Kwon fled the country, the prosecutors started to fear that he might not return. The prosecution raised concerns about Do Kwon not cooperating with the investigation and telling his lawyer he won’t make an appearance in court.<\/p>\n

The warrant was issued on September 17th<\/sup>, and Singaporean Police came in support of the Korean National Police Agency. However, it was later found out that Do Kwon had left the country.<\/p>\n

Do Kwon was quick to come on Twitter and explain his situation later.<\/p>\n

\n

Dear CT – I will tell you what i am doing and where i am if: <\/p>\n

1) we are friends
2) we have plans to meet
3) we are involved in a gps based web3 game <\/p>\n

Otherwise you have no business knowing my gps coordinates<\/p>\n

— Do Kwon ? (@stablekwon) September 17, 2022<\/a><\/p><\/blockquote>\n