At least one of the creators of the Terra project was banned from leaving. The ban was imposed by law enforcement agencies of South Korea in connection with the investigation of the project.
It is reported that a certain employee of Terraform Labs under the pseudonym “Mr. A” received the “black ticket”. It is not known whether the founder of the company, Do Kwon, received the corresponding order.
According to a source from a local publication, Do Kwon made a very impressive fortune – he sold cryptocurrencies to some “institutional investors.” The source says Kwon himself boasted that he had made enough money to “buy the island.”
South Korean law enforcement agencies are trying to understand whether the actions of Do Kwon and other top managers of the Luna Foundation were legitimate. Judging by the latest actions of the police, the prosecutor’s office and the police have reasonable doubts about the actions of businessmen.
Earlier, South Korean cryptocurrency exchanges joined the international Investor Protection Code and developed an emergency response system in the event of another collapse in the style of the collapse of the Terra project.
Source: Bits
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