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South Korea Looks to Invalidate Terra Co-Founder Do Kwon's Passport: Report
South Korea’s Ministry of Foreign Affairs is trying to get the co-founder of the now defunct stablecoin provider Terraform Labs, Do Kwon, to return his passport, according to a local media report on Thursday. Do Kwon along with five others, all South Korean nationals, are residing in Singapore. They were issued with an arrest warrant on Wednesday by a South Korean court and were charged with violating the Capital Markets Act. The warrants were issued months after the collapse of the $40 billion Terra ecosystem, which resulted in a crypto “bloodbath” and several related bankruptcies, including Singapore-based ... (full story)
