UST creator Do Kwon denies allegations by CoinDesk – Katoch Tubes

Fugitive Do Kwon  avoiding arrest

Who is Do Kwon?

Do Kwon is the founder & creator of Terra blockchain which crashed in 2022. It's fuelled by LUNA & UST.

Charges against him

An arrest warrant has been issued against Do Kwon by South Korean court for speculative fall of UST  & duping investors

Update from CoinDesk

CoinDesk shared a tweet claiming prosecutors have frozen Do Kwon's cryptos worth $39.6 million

Denial from Do Kwon

In a tweet, Do Kwon has denied the report and called it misleading and false. However, he's still wanted  by South Korean police.

Revoking Passport

The government officials have moved to revoke the South Korean passport for Kwon, whose whereabouts have  been unknown for months now

Travel ban imposed

15 people linked with Terra were covered under the travel ban, including ex-Terra developer Daniel Hong.

Where is Do Kwon?

The whereabouts of Do Kwon is still unknown. It seems he's running away or hiding from being prosecuted.

We're on You Tube

Find the best Crypto content only on   Katoch Tubes