THELOGICALINDIAN - A crypto broker has been arrested afterwards animadversion on Do Kwons aperture afterward the collapse of cryptocurrency terra LUNA and stablecoin terrausd UST He absent about 24 actor and is now beneath analysis by the South Korean badge I acquainted like I was activity to die he said about accident his investments
Investor Under Investigation for Going to Do Kwon’s Home
The collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST) has wiped out a ample cardinal of investors. One broker in accurate approved absolute answers from Kwon Do-hyung (aka Do Kwon), CEO of Terraform Labs who is abaft the two cryptocurrencies.
The investor, accepted as “Chancers,” is a Korean amusing media personality who conducts streams on cryptocurrency-related topics. He absent about 3 billion won ($2.4 million) in the LUNA and UST collapse. He told BBC News:
He explained that he was affronted with the abridgement of advice from Do Kwon afterwards LUNA and UST went into freefall. He again searched online and begin Kwon’s home abode in Seoul.
“I capital to ask him about his affairs for LUNA,” Chancers said. “I suffered a huge accident and capital to allocution to him directly.”
The balked broker catholic beyond his home burghal and agape on Kwon’s aperture on May 12. He streamed the accident on his online channel; about 100 bodies were watching at the time.
However, afterwards campanology the doorbell of Kwon’s condominium, his wife answered the aperture and said her bedmate was not home. She additionally alleged the badge but Chancers already larboard the architecture back they arrived.
The broker begin out the abutting day that the badge were attractive for him. He again surrendered himself at Seoul’s Seongdong Badge Station on the morning of May 13.
“I surrendered myself to the badge base twice,” Chancers stressed, insisting: “I didn’t breach on Do Kwon’s property, but according to Korean law, it’s actionable to aloof go there and try to talk. I didn’t know.”
Chancers told the account aperture that he expects to face a accomplished and a bent almanac that could accomplish his activity difficult. He opined:
“In Korean culture, the botheration itself is not important but rather the actuality that it acquired a scandal,” he explained. “I alike had to apologize about as a sinner. I had no abstraction this would be so big. It’s actual sad.”
On Wednesday, the Police said they accept captivated up the analysis and beatific the case to the case suggesting he be indicted.
Do Kwon claims that he has been in Singapore back December aftermost year. However, he dissolved Terraform Labs Korea and shut bottomward the company’s Korean offices aloof canicule afore LUNA and UST collapsed.
South Korean authorities accept launched an emergency investigation into the abortion of the two coins. This week, the Korean badge asked crypto exchanges to freeze the assets of the Luna Foundation Guard.
Do you anticipate it was amiss for the broker to beating on Do Kwon’s aperture afterwards he absent millions in the LUNA and UST crash? Let us apperceive in the comments area below.
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