South Korean prosecutors accuse Do Kwon of manipulating Terra's price

Cointelegraph

Published Nov 03, 2022 10:35PM ET

Updated Nov 04, 2022 12:20AM ET

A local report from South Korea claims that the country's prosecutors have obtained evidence to suggest Terraform Labs co-founder Do Kwon had onceordered an employee to manipulate the price of Terra Luna Classic (LUNC).

A report by Korean Broadcasting System (KBS) on Nov. 3 quotes an official from the South Korean Prosecutors Office, who said they have obtained a "conversation history" in which "CEO Kwon specifically ordered price manipulation."

h3 Kwon’s whereabouts now point to Europe/h3

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