Community Wants Do Kwon in the Same Cell With SBF

Community Wants Do Kwon in the Same Cell With SBF

Source Node: 1996093
  1. Do Kwon is facing legal inquiries in both Singapore and South Korea.
  2. The community suggests that Do Kwon be jailed together with SBF.
  3. The legal troubles have left investors in Terraform Labs’ cryptocurrency, LUNA, uncertain about the future of their investments.

The crypto community has been abuzz with discussions about Terraform Labs’ founder, Do Kwon, and his legal troubles. In a recent development, a community member on Twitter has expressed his desire to see Kwon jailed alongside SBF, the CEO of FTX, another prominent figure in the industry who was recently involved in a legal dispute.

The calls for Kwon’s imprisonment alongside SBF stem from the belief that the two have engaged in similar behavior that has caused significant losses for investors. The crypto community has been quick to condemn Kwon’s actions and is calling for justice to be served. However, the extent to which these calls will influence legal proceedings remains to be seen.

This came on Monday, the same day when it was reported that the Singapore police force had launched an investigation into Terraform Labs as part of a broader crackdown on fraudulent activities in the cryptocurrency industry. 

This regulatory scrutiny has intensified in recent months, raising concerns among investors in Terraform Labs’ cryptocurrency, LUNA, about the future of their investments. The company’s founder and CEO, Do Kwon, is also facing charges in South Korea related to the loss of digital assets worth $60 billion, which led to significant losses for investors. 

This development has further complicated Kwon’s legal troubles and could have serious implications for the future of Terraform Labs. Following a warrant for his arrest issued by South Korea, Kwon’s whereabouts have become unknown after he left Singapore, where Terraform Labs was based. 

The South Korean authorities have revealed that Kwon is now the subject of an Interpol red notice, raising questions about his involvement in the alleged wrongdoing. Despite these developments, Kwon has maintained his innocence and denied any wrongdoing in the matter.

Read Also :

Tags:
disclaimer read more

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

Godfrey Mwirigi is an enthusiastic crypto writer with an interest in Bitcoin, blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience in their day-to-day endeavors.

Time Stamp:

More from Crypto News Land