During the current weekend, a considerable debate has been done regarding Do Kwon (the founder of Terraform Labs). The prosecutors in Korea are of the view that the person is attempting to run away. Nonetheless, Kwon turned to his official account on Twitter to elucidate that the person does not have any intention to escape rather he has expressed his interest to interact with the agencies of the country.
Terra Founder Refutes Claims about His Escape
Terra’s founder additionally asserted that he as well as the group working under him were completely collaborating and they had not kept anything hidden. In addition to this, he mentioned in the respective Twitter thread that they are presently going through a procedure of shielding themselves in several jurisdictions and have found themselves in an extreme situation in need of maintaining their integrity. According to him, that became the reason for them to move forward and elaborate on the point.
A report was recently published by Bloomberg. In it, the prosecutors have raised the objections that the executive of Terra (LUNA) is at present making efforts to run away from the agencies. A worth remembering thing here is that an arrest warrant has been issued on the behalf of the prosecutors for Do Kwon in the previous week. Apart from that, they wish to catch him because of the accusations that he was involved with infringing the laws related to the capital market.
No specific information has been given by the office of the prosecutors regarding their contact with Interpol in the matter of arresting the Terra founder, nonetheless, they have found some indirect evidence of his escape since Kwon exited Singapore and that turned into a reason for the issuance of an arrest warrant against him for the first time.
Along with this, another such report was made on the behalf of the Yonhap News Agency. It pointed out that the prosecutors asserted that Kwon was not making cooperation with the investigations. According to the agency, he sent a message to the investigators via a lawyer around August this year saying that he was not considering appearing in front of to have questions and answers.
South Korean Prosecutors Respond by Saying that Do Kwon Is Evading the Investigation
In this way, while responding to the latest tweet of Do Kwon, the prosecutors in South Korea have denied his claims and asserted that the person was surely escaping the investigation by providing no cooperation at all. An official from the agency brought to the front that at the moment, they are engaged with the procedure of getting to the location as well as the whereabouts of the Terra founder.
In their words, the very next move – after locating him – would be to detain him as well as start a further investigation regarding the Terra (LUNA) altcoin incident. After that, the official disclosed that they will collaborate with the native as well as the foreign investigative entities to reach the crux of the matter.
