Terra (LUNA) founder Do KwonSouth Korean officials, Interpol and now also UST Restitution Grouptrying to track down cryptocurrency He has become the most sought after name in the industry.
Investors Victimized by Terra (LUNA) Collapse Pursue Do Kwon
Financial TimesAccording to the news of about 4,400 old Terraform Labs investors teamed up to find the man behind the bankrupt company.
Many in the group the newspaper spoke to said they lost their lifetime savings when Terra collapsed.
They now spend their time searching the Internet for clues to the whereabouts of the founders and sharing their findings in a Discord group.
A South Korean court issued an arrest warrant for Do Kwon last month, and Interpol later issued a red notice about Kwon.
The tech entrepreneur claimed on Twitter that he didn’t run away and made no effort to hide.
“We are in full cooperation with all government agencies that have an interest in communicating and we have nothing to hide,” he said.
Do Kwon recently To Luna Foundation Guard (LFG) Crypto exchanges in September of $65 million Bitcoins (BTC) owned by KuCoin and OKXHe also denied the allegations regarding his relocation.
Stating that he does not accept these allegations, Do Kwon said, “Currently, LFG is not in a position to dispose of its assets clearly. “There is an ongoing civil lawsuit against LFG,” he said.
Kwon, members of the UST Restitution Group DubaiThey stated that he could be in Dubai, and one of them even went to Dubai to find him. Among other possible places Russia, Azerbaijan and Seychelles exists.
*Not investment advice.
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