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Wednesday, April 30, 2025

Do Kwon Tweets "Not on the Run", Willing to Disclose Location - Blockchain News

Terraform Labs' founder claimed on Saturday that he is not on the run but in "full cooperation" with government agencies interested in communicating.
"I am not 'on the run' or anything similar - (from) any government agency that has shown interest to communicate, we are in full cooperation, and we don't have anything to hide," Do Kwon said in a tweet thread.
His announcements came after Singaporean police officials had said that the South Korea-native was not currently in the city-state nation.
"We are in the process of defending ourselves in multiple jurisdictions - we have held ourselves to an extremely high bar of integrity and look forward to clarifying the truth over the next few months," he added.
Do Kwon is currently wanted by South Korean authorities for the crash of Terra sisters USD and old Luna. The crash eroded a whopping $40 billion of investors' wealth in mid-May.
Since the collapse of old Terra tokens, Kwon has faced multiple lawsuits from investors in many major...



Read Full Story: https://blockchain.news/news/do-kwon-tweets-not-on-the-runwilling-to-disclose...

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