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Home News Story

Do Kwon on the run in Dubai? The ex-boss of the calamitous Terra (LUNA) still wanted

by Ashutosh Thakur
October 20, 2022
in News Story
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Do Kwon on the run in Dubai?  The ex-boss of the calamitous Terra (LUNA) still wanted
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Do Kwon, the elusive man – Do Kwon would be at Dubai. The founder of Terra (LUNA) continue to sow the authorities and the thousands of investors on their heels. They want justice to be done.

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Do Kwon in Dubai: a still hot track

He’s not on the run, but aggrieved investors are hot on his trail. Moreover, a Discord group called « UST Restitution Group » was created on May 16 to help victims of the Terra ecosystem token collapse recover their funds. It now has approximately 4,400 investors who are on Do Kwon’s trail.

While the founder of Terra remains under the blow of a international arrest warrantl, with a red notice issued by Interpol, the authorities fail to get hold of the fugitive. However, Do Kwon had resurfaced on Twitter on September 26, indicating that he was coding “in his living room”.

Some people suggest that the founder of Terra found refuge in Singapore. However, the most recent hypothesis is that he left the city-state to Dubai.

Watcher.Guru assumes that Do Kwon is in Dubai – Source: Twitter

The members of the Discord group support this thesis by evoking the position pro-crypto of this city in the United Arab Emirates, which would have “limited extradition treaties in place”.

In the facts, till todayauthorities and disgruntled investors failed to provide no proof objective of where Do Kwon is currently. For his part, the founder of Terra does not seem to have yielded to threats from the South Korean government regarding the revocation of his passport after October 19.

Do Kwon presented his excuses to the victims of the Terra disaster. But for the moment, he has not yet made the decision to surrender to the authorities. The man normally has the financial means to stay one step ahead of his pursuers. We must therefore not rule out the hypothesis that it could remain out of reach for a long time, like a Crypto-queen who always runs.

Another one bites the dust.. A giant in the crypto ecosystem bites the dust. Avoid leverage for a while and you’ll be fine. Register without delay on the FTX reference crypto exchange platform. In addition, you benefit from a lifetime reduction on your trading fees (commercial link, see conditions on official website).

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