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SINGAPORE, Singapore (AFP) – Do Kwon, the wanted South Korean founder of the failed cryptocurrency Terra, denied Sunday he was on the run after the Singapore police said he was not in the city-state as had been believed. Kwon’s whereabouts have been thrown into question after the Singapore Police Force (SPF) statement late Saturday, and his tweets did not reveal where he was. The collapse of Terraform Labs earlier this year wiped out about $40 […]
Seoul, South Korea (AFP) A South Korean court issued an arrest warrant Wednesday for the founder of the failed Terra cryptocurrency, which collapsed earlier this year, wiping out about $40 billion of investors’ money. Do Kwon, the 31-year-old South Korean who is the founder of Terraform Labs, is believed to be in Singapore, where he last month gave his first media interview since the collapse admitting that he was “wrong”. The prosecutors’ office on Wednesday […]
