Cryptocurrencies
Terra Co-Founder Do Kwon Faces Arrest Warrant in South Korea
- Court in Seoul issued warrant for Do Kwon and five others
- Allegations include violations of nation’s capital markets law
Do Kwon, co-founder and CEO of Terraform Labs.
Photographer: Woohae Cho/BloombergThis article is for subscribers only.
A court in South Korea issued an arrest warrant for Do Kwon, the founder of the Terraform Labs cryptocurrency ecosystem, whose implosion earlier this year sparked a global crypto rout.
The court in Seoul issued a warrant for Do Kwon and five others on allegations that include violations of the nation’s capital markets law, according to a text message from the prosecutor’s office.