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Terra’s Do Kwon Says He’s Cooperating With Prosecutors in New Interview

by SB Crypto Guru News
October 18, 2022
in Blockchain
Reading Time: 3 mins read
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In what seems to be the longest interview session Do Kwon has had for the reason that collapse of Terraform Labs and its related tokens LUNA and UST, founder, Do Kwon, has granted over an hour of an interview to crypto Journalist and host of the Unchained Podcast Laura Shin.

KWON2.jpg

Within the interview, Kwon mentioned he’s at present cooperating with South Korean regulators however has not felt the necessity to flip himself in as he has not seen an arrest warrant from the prosecutors but.

 

“We haven’t seen a replica of the arrest warrant so every bit of information we’re consuming is from the media,” Kwon mentioned, affirming that all the doc requests he has been served has been handled.

 

Probably the most vital speaking factors with Shin was the regret he felt for the entire collapse of the protocol. He emphatically mentioned he was “sorry” about how every part went down and mentioned he believes each investor within the LUNA and UST believed his assertions that the algorithmic stablecoin might be saved steady.

 

Kwon mentioned he believes the accusations of fraud and scams are unwarranted and that each investor deserves to know what actually transpired. He mentioned he understands that it is rather tough to depart with immense losses and that’s a part of what breaks him probably the most.

 

The embattled developer mentioned apart from the collapse of the LUNA and UST tokens and the ecosystem that was constructed across the cash, he has contributed positively to the expansion of the crypto ecosystem within the 5 years he has been a pacesetter within the area.


Regardless of the greater than an hour interview, Kwon didn’t disclose his location, and apart from South Korean prosecutors which can be on the hunt for him, Interpol has additionally issued a Pink Discover for him, making him some of the wished people alive.

Picture supply: Shutterstock



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Tags: Bitcoin NewsCooperatingCrypto NewsCrypto UpdatesInterviewKwonLatest News on CryptoProsecutorsSB Crypto Guru NewsTerras
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