On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding out in Europe.
Local Report Claims South Korean Prosecutors Have Evidence of Do Kwon Ordering an Associate to Manipulate LUNA’s Price
A report published by the local KBS News claims the co-creator of the Terra blockchain project, Do Kwon, is currently located in Europe. The news was discovered by the Terra whistleblower known as Fatman, an individual that has been publishing damning allegations against Kwon and Terraform Labs’ associates during the last few months.
“Korean prosecutors have obtained a private conversation between Do Kwon and an employee where he gives orders to manipulate LUNA’s market price,” Fatman wrote on Twitter on Nov. 3, 2022. “They have also confirmed that he
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