Hashed CEO States Mental Illness for Not Attending Terra Enquiry
CoinEdition
Published Oct 25, 2022 11:36AM ET
Updated Oct 25, 2022 12:00PM ET
Hashed CEO States Mental Illness for Not Attending Terra Enquiry
- Hashed CEO Simon Seojoon Kim fails to attend the National assembly.
- The assembly was held to enquire about the Luna-Terra incident.
- He stated mental illness as the reason for not attending the assembly.
Simon Seojoon Kim, CEO of VC Hashed in South Korea, has cited mental illness as his justification for declining to testify in a legislative investigation into LUNA. He said that ever since LUNA’s demise, he has experienced panic attacks and anxiety issues.
Kim was selected for the National Assembly Political Affairs Committee as part of an inquiry to ask about the Luna-Terra collapse. Kim, however, didn’t attend the meeting, citing reasons for stress, and said that he needed stability.
FatMan responded to the news by arguing that Kim, who artificially inflated Anchor’s core interest and shilled its stability, is now refusing to turn up, stating mental illness.
Kim stated in the statement of no appearance that he has been receiving psychiatric treatment since July 29 and that his stress situation has worsened due to the medication and treatment. He also added in the statement that the symptoms are worsening.
The Political Affairs Committee invited Shin Hyun-seong, general manager of Tchaiholdco, and Kim Seo-joon, CEO of Hashd, to testify during the investigation into the Terra/Luna event on the 14th. Seojun Kim, the CEO of Hashed, made an early investment in Terra and Luna.
To back up the situation that he has been facing, he also added an expert opinion and a medical certificate alongside. Seo-Joon revealed that Hashed had lost $3.6 billion from its peak value in late April, having possessed 30 million LUNC tokens.
Terra CEO and co-founder Do Kwon was not identified as being investigated by Korea’s Political Affairs Committee, despite the fact that law enforcement agencies throughout the world are still looking for him.
The post Hashed CEO States Mental Illness for Not Attending Terra Enquiry appeared first on Coin Edition.
See original on CoinEdition
Get The News You Want
Written By: CoinEdition
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.