Terra Co-founder Do Kwon's Spouse Seeks Police Protection - Coinleaks
Current Date:November 7, 2024

Terra Co-founder Do Kwon’s Spouse Seeks Police Protection

Terraform Labs CEO Do Kwon’s wife sought protection after an unidentified person visited their home in South Korea.

According to a report by South Korean media outlet MoneyToday, the wife of Terraform Labs founder Kwon Do-hyung filed a police complaint after an unidentified person broke into her house in the evening and rang the doorbell.

An Unexpected Visit to Do Kwon’s Home

The unexpected guest asked if Do Kwon was at home and then walked away.

Kwon’s wife filed a request with the police, seeking immediate protection.

According to the news, Do Kwon’s home address is known to some investors in the cryptocurrency ecosystem.

Seoul-wide Warnings

Terra (LUNA) community posts about losing everything overnight started publishing. It has been stated that warnings have been issued across Seoul to report any suicide attempts related to Terra’s collapse.

The price of Terra’s native token LUNA has dropped to almost zero, currently below US$0.0005. The cryptocurrency was trading at $119.18 a month ago.

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