South Korean prosecutors stated that the reports that Terra (LUNA) CEO Do Kwon might be in Dubai were not wrong.
According to a report by Bloomberg, Do Kwon, the co-founder of Terraform Labs, allegedly left Singapore for Dubai. South Korean prosecutors said the reports were “not false”. But it is thought that Do Kwon’s visit to Dubai was probably one of his stopovers to move on to another unknown destination.
A group of investors who were victims of Terra recently. UST Compensation Group (URG)Kwon’s now Russia, Dubai, Azerbaijan in countries such as or offshore on the yacht He claimed he might be residing. It seems that the group was right about their predictions.
Do Kwon, who is held responsible for the $ 60 billion collapse of the Terra ecosystem, is wanted by Interpol with a red notice, although he says he is not in a illegal situation. Do Kwon, who was noticed not to be in Singapore in September, has been maintaining the secrecy of his location for about a month.