in early May terra stablecoin of your network TOPAs a result of ‘s losing its fixity to the dollar, there was a major collapse in the Terra network.
This collapse Terra network token LUNAIn addition to approaching zero, Bitcoin (BTC) and altcoinresulted in a sharp decline.
After this incident, Terra co-founder Do Kwon disappeared while his other co-founder Daniel Shin He said he was going to testify.
However, Daniel Shin also declined to testify.
He appeared before parliament on Thursday, South Korea’s local news agency News1 reported. Terra-LUNA Daniel Shin, who will testify about the collapse, submitted a petition to the South Korean National Assembly stating that he would not testify and the reasons for this.
The report wrote that Daniel Shin’s testimony before the parliament could hinder the ongoing Terra-LUNA investigation by local prosecutors.
If Shin is stopped from testifying before parliament, South Korea-based blockchain Kim Ji-yoon, CEO of infrastructure provider DSRV Labs, in front of parliament Terra-LUNA He will be the only witness to testify about his collapse.
Daniel Shin before Terraform LabsHe claimed that he broke up with his CEO, Do Kwon, and did not meet.
While these events were taking place on the Daniel Shin front, a red notice was issued about Do Kwon. Although Do Kwon said that he did not hide and made no effort to do so, the whereabouts of Kwon is still unknown.