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Flare Network investor & Terra-Luna founder Do Kwon's Passport voided by South Korean Authorities


Gringo

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South Korean authorities have voided Flare Network investor and Terra-Luna founder Do Kwon's Passport.

"South Korean authorities on Thursday began the process of canceling the passport of Terraform Labs founder Do Kwon whose company was behind a dramatic $60 billion cryptocurrency collapse. Police have also arrested one person in connection with Kwon's operations"

Source: https://www.cnbc.com/2022/10/06/luna-founder-do-kwon-faces-passport-freeze-after-crypto-collapse-.html

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  • 5 months later...
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  • 2 weeks later...

He should have 'come in and talk to us' with GG at the SEC.

Just bend the knee, point the finger at SBF, and get a small fine or reduced sentence. 

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I don't think the comment is fair. While it is true the SEC tries to act like they have a worldwide jurisdction in basically any area, Do Kwon was charged for fraud by class actions both in South Korea and the U.S. Actually maybe the SEC joined too just to save face after the damage was done.

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