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South Korea court orders arrest of Terraform founder Do Kwon

Published - September 15, 2022 10:49 am IST - SEOUL

Do Kwon was behind the LUNA cryptocurrency and TerraUSD [UST] stablecoin which crashed in May 2022

File photo of Bitcoin tokens used to represent the cryptocurrency | Photo Credit: AP

A South Korean court has issued an arrest warrant for Do Kwon, the founder of blockchain platform Terraform Labs, which is linked to a failed crypto-currency, a spokesperson for prosecutors said on Wednesday.

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