Terra (LUNA) Founder Do Kwon Breaks His Silence After Recent Allegations!

Terra (Luna) We have previously reported that its founder, Do Kwon, may be living illegally in a country in Europe.

The embattled crypto project founder refused to publicly reveal his location after the Terra ecosystem collapsed in May.

Kwon, a South Korean national, reportedly left Singapore in September for an unknown destination via Dubai. Kwon is wanted in South Korea on charges of violating capital markets law.

Local newspaper KBS reports that South Korea has invalidated Kwon’s passport after he allegedly arrived in Europe.

Terra Founder Do Kwon: “I Remain Totally Legal In My Current Place”

When contacted for comment, Kwon said that his current residence is “completely legal” and that he does not plan to use his Korean passport.

Kwon’s also Terra altcoin It was claimed that private messages about the token also appeared and that he ordered manipulation on the price of the token in these messages.

Kwon also defended himself against prosecutors’ accusations that Terra ordered the price manipulation of the UST stablecoin, which should have been pegged at $1:

“I think prosecutors are talking about trades to fix the price of the UST token. I’ve already explained this many times in numerous podcasts and interviews.

When asked if he was in Europe, he said, referring to a previous tweet, that people “did not have the right to know” where he was.

Do Kwon has repeatedly claimed that he is not hiding and remains active on Twitter, even making fun of those who call him. He said he will hold a conference on Thursday and that “cops” from around the world can attend it.

*Not investment advice.