SEOUL, South Korea –
The collapse of Terraform Labs earlier this year wiped out about $40 billion of investors’ money and shook global crypto markets. “We see him as being ‘on the run’ from the moment when he left for Singapore,” the official said, adding: “We are aware that he has no will to cooperate with all investigations since then.”
South Korean prosecutors have also issued arrest warrants for five other people — who have not been named — linked to stablecoin TerraUSD and its sister token Luna.
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