In recent days, the South Korean judiciary has been stepping up its investigation into the collapse of the Terra (LUNA) ecosystem. Suspected of fleeing to Singapore to avoid possible legal repercussions, Do Kwon defends himself on Twitter, saying he is not on the run
Do Kwon begins to defend himself
In recent months, the collapse of the Terra ecosystem has been the subject of much publicity because of its many twists and turns. The South Korean justice system, which seeks to shed light on the case, would like Do Kwon to explain his involvement in the collapse of Terra.
To do this, it has initiated several days ago various procedures to arrest and interrogate the founder of Terra, whom it suspects of being on the run in Singapore. Do Kwon’s passport could be invalidated in the next few days so that he can be repatriated to Seoul.
In a series of tweets published on Saturday 17 September, he finally decided to defend himself against these accusations:
We are in the process of defending ourselves in multiple jurisdictions – we have held ourselves to an extremely high bar of integrity, and look forward to clarifying the truth over the next few months
– Do Kwon (@stablekwon) September 17, 2022
Despite accusations of lack of cooperation, Do Kwon says he is ready to communicate with all government agencies interested in the case, and that his teams are ready to defend themselves in different jurisdictions to unravel the story in the coming months.
Do Kwon’s whereabouts remain unknown
These various attempts to get an interview with Do Kwon are the result of a major problem for South Korean justice: his whereabouts remain unknown.
This series of Twitter posts was intended to justify to the general public the mystery surrounding his current location.
It is clear from this thread of tweets that the reason he is not sharing his whereabouts is not a possible flight from the legal turmoil, but a matter of privacy.
In any case, the traps of the South Korean justice system are likely to close on Do Kwon in the coming weeks, which should bring us many more twists and turns to this whole story.
