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South Korean prosecutors accuse Do Kwon of manipulating Terra's price

Published 11/03/2022, 10:35 PM
Updated 11/04/2022, 12:20 AM
South Korean prosecutors accuse Do Kwon of manipulating Terra's price

A local report from South Korea claims that the country's prosecutors have obtained evidence to suggest Terraform Labs co-founder Do Kwon had onceordered an employee to manipulate the price of Terra Luna Classic (LUNC).

A report by Korean Broadcasting System (KBS) on Nov. 3 quotes an official from the South Korean Prosecutors Office, who said they have obtained a "conversation history" in which "CEO Kwon specifically ordered price manipulation."

Kwon’s whereabouts now point to Europe

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