A spokesperson for the Singapore Police Force confirmed that Do Kwon is no longer in Singapore.
The SPF will be working together with the Korean National Police Agency (KNPA) in investigations against him. This comes after Seoul issued arrest warrants for Do Kwon and five others based in Singapore for violating South Korea’s capital market regulations on 14 September.
As for how Kwon’s actions came to light, the Financial Times previously reported that the relevant authorities in South Korea apparently started looking into issues related to Kwon and Terraform Labs due to two complaints being filed against the company.
The complaints, which represented a whopping 81 investors, accused Kwon and Terraform Labs of “deceiving investors”.
More at https://shrtcô.de/nC9JQS
The SPF will be working together with the Korean National Police Agency (KNPA) in investigations against him. This comes after Seoul issued arrest warrants for Do Kwon and five others based in Singapore for violating South Korea’s capital market regulations on 14 September.
As for how Kwon’s actions came to light, the Financial Times previously reported that the relevant authorities in South Korea apparently started looking into issues related to Kwon and Terraform Labs due to two complaints being filed against the company.
The complaints, which represented a whopping 81 investors, accused Kwon and Terraform Labs of “deceiving investors”.
More at https://shrtcô.de/nC9JQS