The co-founder of the Terra ecosystem (LUNA) has been repeating for several months that he is not on the run, despite appearances. But that could soon stop: the South Korean authorities indeed affirm that Do Kwon would hide in Serbia, and that they would work actively with the local authorities.
The run of the CEO of Terraform Labs
The CEO of Terraform Labs, historically very provocative, has continued to assert since the fall of the Terra ecosystem that he is not on the run… But still refuses to reveal his whereabouts. Last September, he claimed to be “in total cooperation” with the authorities:
I am not “on the run” or anything similar – for any government agency that has shown interest in communicating, we are in full cooperation and we don’t have anything to hide
— Do Kwon 🌕 (@stablekwon) September 17, 2022
“I’m not “on the run” or anything similar […] We have nothing to hide.»
However, South Korean authorities have communicated several times that they are trying to get their hands on the creator of Terra, and Interpol has added Do Kwon to its “red listof actively sought fugitives. His passport had also been invalidated., in order to prevent him from fleeing. But it was not enough. In November, however, Kwon said he was going to offer a conference to “put an end to this leak rumor bullshitto which law enforcement around the world would be invited.
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Would Do Kwon be hidden in Serbia?
A conference that is still awaited, but not the South Korean authorities, it seems. They claim, in fact, that Do Kwon would be in Serbia, according to a report by local news outlet Chosun. An official in charge of the investigation said:
“We had recently gotten information that CEO Kwon was in Serbia, and it turned out to be true.»
The CEO of Terra Labs is said to have traveled to the country after briefly passing through Dubai. That in any case coincides with recent reports : In November, a South Korean media claimed that Do Kwon was in Europe.
The man obviously seems to have a hard time living without the spotlight. He thus made a flash appearance in a live improvised at the time of the fall of Terra, which gathered among others Zhu Su, the co-founder of Three Arrows Capital (3AC).
Will he be arrested soon? That’s the question everyone is asking, as the Terra case and the FTX case now seem more intertwined than originally thought.
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Source: Chosun
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Journalist at Cryptoast, I fell into the pot of cryptocurrencies a few years ago. I am passionate about the innovative technologies that stem from the blockchain and I like to find the most crispy information to share with you.
Marine Debelloir
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