Cryptocurrency
"South Korea issues arrest warrant for developer of failed cryptocurrency Luna"
Primary Source ↗Blockchain(s)
Terra
Incident Details
A South Korean court has issued a warrant for the arrest of Do Kwon, the founder of the Terra ecosystem, as well as five other people. According to Bloomberg the allegations include violations of Korea’s capital markets law.Kwon and the others named in the warrant are currently in Singapore. In June, Korea banned current and former Terraform Labs employees from leaving the country, and in July Korean authorities raided multiple exchanges in connection to their investigation.
Technical Details
- Initial Attack Vector
- Regulatory / legal action
- Vendor / Product
- Do Kwon arrest warrant issued
Timeline
- 2022-09-14 Breach occurred
- 2022-09-14 Publicly disclosed