local authorities in Singapore, co-founder of Terraform Labs He reported that an investigation has been launched against Do Kwon.
The architect of the Terra crisis that marked the past year Do kwoncontinues to be the main subject of investigations globally. Do kwon was at the head of the project that brought a $40 billion crash to the crypto industry. South Korea started a rapid capture and investigation process, and immediately followed by moves from the United States. After all these processes, Singaporean authorities followed Do Kwon.
Do Kwon is in Trouble with Global Investigations!
According to Bloomberg’s report, Singapore police March 6on “An investigation has been launched into Terraform Labs.”sent an e-mail.
In this e-mail, it was stated that the investigations are continuing in general and Do Kwon is not located in the city-state. Terraform labsAnd Do kwon Fraud accusations came from the SEC. A few names from the crypto ecosystem have claimed that with the SEC’s accusations in this case and the struggle to be justified, stablecoins may be pursued in the future.
Singapore local authorities are investigating. While Do Kwon’s whereabouts are not yet knownIt was also noted that the founding partner did not make any statement on the subject.
