Arrest Warrant against Terraform Labs' CEO Do Kwon won't affect the Crypto Market

IndustryTrends

An arrest warrant has been issued by the Seoul Southern District Prosecutors Office against Kwon who wiped out reportedly $60 billion in the cryptocurrency market. 

Kwon’s whereabouts are unknown, although, the co-founder of Terra tokens denied rumours of being on the ‘run’ from government agencies. 

But Terra LUNA being the long forgotten cryptocurrency, wrongdoing of Do Kwon won’t affect the crypto market. 

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