Fugitive Do Kwon Now Staying in Serbia Report Says — Terraform Labs CEO Suggests SBF Is to Blame for UST Depeg

A caller study has claimed that Do Kwon, the fugitive CEO of Terraform Labs, is presently staying successful Serbia. The study added that the South Korean authorities has engaged the Serbian authorities regarding the matter. Meanwhile, Kwon has accused Sam Bankman-Fried and Alameda Research of orchestrating events that led to the “depeg” of Terra’s once-stable coin UST.

Do Kwon Getting Help successful Serbia

According to South Korean online work Chosun, Do Kwon, the CEO of Terraform Labs who is wanted connected charges of providing mendacious accusation to investors, is surviving successful Serbia. The study added that the justness ministry successful Seoul is present seeking the Serbian government’s assistance investigating the claims.

Authorities are besides reportedly investigating the anticipation that Kwon is being assisted by idiosyncratic successful Serbia.

The latest revelation of Kwon’s whereabouts comes conscionable a fewer months aft reports suggested that helium was successful Singapore. However, those reports were aboriginal rebuffed by the Singapore Police Force which besides promised to assistance the Korean National Police Agency (KNPA) “within the ambit of our home authorities and planetary obligations.”

Kwon, who remains progressive connected Twitter, has antecedently denied reports helium is connected the run. However, that didn’t halt a tribunal successful South Korea from issuing a warrant for his arrest. The planetary instrumentality enforcement assemblage Interpol has issued a reddish notice, which is simply a “request to instrumentality enforcement worldwide to find and provisionally apprehension a idiosyncratic pending extradition, surrender, oregon akin ineligible action.”

I deliberation the clip has travel for @GenesisTrading to uncover if they provided the $1B UST soon earlier the clang to SBF oregon Alameda – the acquisition from LFG was represented arsenic stemming from “interest to enactment successful the Terra Defi ecosystem” – not to supply ammo for a peg attack

— Do Kwon 🌕 (@stablekwon) December 8, 2022

Kwon Blames Sam Bankman-Fried for UST Depeg

Meanwhile, successful his Dec. 7 Twitter thread, Kwon appears to suggest that Alameda Research whitethorn person orchestrated an onslaught which yet led to the downfall of the stablecoin UST.

“I deliberation the clip has travel for Genesis Trading to uncover if they provided the $1B UST soon earlier the clang to SBF [Sam Bankman-Fried] oregon Alameda – the acquisition from LFG was represented arsenic stemming from ‘interest to enactment successful the Terra Defi ecosystem’ – not to supply ammo for a peg attack,” Kwon wrote.

Kwon besides queried wherefore Alameda borrowed BTC from Voyager during a play which helium said coincided with the “depeg dates.” After arguing his lawsuit against Sam Bankman-Fried and Alameda Research, Kwon ends the thread by stating that “what’s done successful acheronian volition travel to light.”

What are your thoughts connected this story? Let america cognize what you deliberation successful the comments conception below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This nonfiction is for informational purposes only. It is not a nonstop connection oregon solicitation of an connection to bargain oregon sell, oregon a proposal oregon endorsement of immoderate products, services, oregon companies. Bitcoin.com does not supply investment, tax, legal, oregon accounting advice. Neither the institution nor the writer is responsible, straight oregon indirectly, for immoderate harm oregon nonaccomplishment caused oregon alleged to beryllium caused by oregon successful transportation with the usage of oregon reliance connected immoderate content, goods oregon services mentioned successful this article.