Family Found Dead: Police Suspect Suicide is Related to LUNA Crash


Published Jun 30, 2022 11:15AM ET

Updated Jun 30, 2022 11:30AM ET

Family Found Dead: Police Suspect Suicide is Related to LUNA Crash

  • Three members of a family were found dead in Korea.
  • Police suspect suicide and believe that the family had financial woes.
  • Among the family’s last internet searches were “LUNA” and “way to make an extreme choice.”

Police suspect that the suicide of three members of a Korean family was possibly due to the financial crisis associated with the recent Luna crash. The Korea JoongAng Daily reported details of the grim news yesterday.

On Wednesday, a car belonging to the family was recovered from the waters off the island of Wando in South Korea with three bodies in it. The bodies are suspected to be those of 10-year-old Cho Yoo-na, her 36-year-old father, and her 35-year-old mother.

The vehicle was discovered six days after a police report was filed by Cho’s school. The family had apparently been on vacation but had not returned, alerting school officials. It is believed that the family was last seen alive nearly a month ago.

Investigators have not confirmed the cause of the suicide but believe that the family was struggling to pay their bills. Cho’s father ran a computer shop that was closed down a year ago, and police found unpaid bills at the residence.

Disturbingly, the family’s computer search history check revealed that they searched for LUNA coin, sleeping pills, and ways to make an extreme choice — a phrase commonly used in Korea for suicide.

The crypto community has expressed not just their dismay but also their displeasure at LUNA and Do Kwon, in particular. FatMan, a popular Twitter (NYSE:TWTR) account, who is vocal about his resentment of Do Kwon tweeted: “If a desperate man puts his life savings on black and loses, it’s not the casino’s fault, however unfortunate it may be. But when someone deliberately stacks the odds against you and lies about it to get all of your money in — a different story altogether.”

However, this is unfortunately not the only Luna-related suicide. Last month, a Taiwanese man was found dead after falling from his apartment in an apparent suicide after losing US$2 million from the collapse of Luna.

Continue reading on CoinQuora

Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
Saving Changes