Terra Founder Do Kwon Escaped Dubai: South Korean Prosecutors Announce New Location!

Following the latest news that Terra’s founder, Do Kwon, is hiding in Dubai, South Korean prosecutors have finally pinpointed Kwon’s last location.

On October 20, it was reported that Kwon fled to an unknown destination via Dubai after initially staying in Singapore.

In recent weeks, a team of South Korean investigators has been trying to track his whereabouts in Dubai and neighboring countries. The country authorities had issued arrest warrants for him and 5 other Terra rulers.

Where Is Terra Founder Do Kwon Now?

In this context, prosecutors cryptocurrency Terra (Luna) He and his team appear to have made significant progress in the investigation. Meanwhile, the investigating authorities shared an interesting update on the progress of the investigation and the last location of Do Kwon.

According to the news of the Korean news portal Naver, Do Kwon managed to sneak away from the territory of Dubai to a European country.

According to the report, Do Kwon, who currently holds an invalid passport, is now illegally hiding in Europe. It has been stated that whatever country he is currently in, Kwon is now an illegal immigrant and cannot legally travel between countries. Last time authorities confirmed the Terra founder’s location, he was hiding somewhere in Dubai.

Kwon Allegedly Asking For Price Manipulation At LUNA By South Korean Officials

In addition, Korean prosecutors obtained evidence of a private conversation between Do Kwon and a Terra employee. The employee in question often receives orders from Kwon to manipulate the market price of LUNA.

Investigators reportedly found evidence of Kwon’s attempts at price manipulation. While no details were disclosed, an official from the prosecutor’s office reportedly said in his speech history that “price manipulation orders were specifically ordered”.

*Not investment advice.