To Anthony Hopkins Kvon, they ordered to return the passport of a citizen of South Korea

The Ministry of Foreign Affairs of South Korea demanded from CEO TerRaform Labs (TFL) to Kwon to return the national passport within 14 days. In case of refusal, the document will be canceled.

The department granted the corresponding request of the prosecutor’s office of the Southern District Seoul.

In the absence of turnout, Kwon will not be able to leave South Korea if he is now in this country.

Until September 13, 2023, applications for the renewal of a passport from the founder of the Terra ecosystem may reject.

Recall, on September 14, the court of South Korea issued an arrest warrant to Kwon and five more people.

On September 17 to Kwon, he said that he was not on the run and cooperates with law enforcement officers. He emphasized that he was not going to reveal his location to outsiders.

Later it became known that Interpol issued a “red notification” about the detention of the head of TFL. According to the procedure, the request will be received by law enforcement agencies of 195 countries. It was assumed that Kwon is in Singapore, but this information was not confirmed.

Terra ecosystem collapse had serious consequences for the digital asset market. The depreciation of LUNA and algorithmic stablecoin UST caused significant damage to Anchor Protocol users.

The incident also influenced the solvency of large industry players: the Celsius cryptolending platform was one of the largest UST holders, and the Three Arrows Capital hedge fund invested about $ 200 million in the framework.

The situation around the project attracted the attention of South Korea regulators. TFL and the prosecutor’s office of the Southern District Seoul became interested in.

In June 2022, investors accused TerRaform Labs and Kwon personally of false statements regarding UST stability.

In the same month, the company said that he did not consider himself a fraudster. He also denied the accusation of $ 2.7 billion from the Terra ecosystem before its collapse.

In July, the prosecutor’s office of the Southern District Seoul conducted searches in the house of the co -founder of TFL Daniel Shin and the office of the early investor of Dunamu & Partners.

Earlier, the founder of Terra denied information about the involvement in the frozen authorities $ 39.6 million.

Prior to this, information appeared in the media about the movement of 3313 BTC from the Luna Foundation Guard wallet on Binance on the Kucoin and OKX platforms from September 15 to 18.

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