A South Korean court has issued an arrest warrant against Terra co-founder Do Kwon, according to a report. By parikshitm899
The court in Seoul issued a warrant for Do Kwon and five others, according to a text message from the prosecutor’s office, the report added.
The warrant comes a few months after the Terra ecosystem and its stablecoin collapsed, which led to a massive ripple effect in the crypto markets. The collapse also led to several countries looking at stablecoin regulations and several bankruptcies including high-profile crypto hedge fund Three Arrows Capital .Read more about
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