South Korean prosecutors have obtained evidence that Terra founder Do Kwon manipulated the price of the cryptocurrency Terra, and prosecutors believe that Do Kwon's previous claim that "Terra and Luna overcome the volatility of cryptocurrencies" is false propaganda. The Financial and Securities Crime Joint Investigation Team of the Seoul Southern District Prosecutors' Office said it has stopped the statute of limitations for prosecution against Do Kwon. Do Kwon is said to have moved to Europe via Dubai in September.
Do Kwon tweeted, "I will hold a meeting to resolve this issue. Police officers from all over the world are welcome to attend. For those who have been spreading lies with taxpayers' money, we will invite you as VIPs and even pay for your air tickets." (Edaily)
