The search for Do Kwon is still on and has taken a different dimension. Some other vigilantes have joined the hunt. But before then,
here is a recap of major events prior to this update:
New updates
4,400 disgruntled investors have joined the hunt for Do Kwon
A group of 4400 vigilantes from a discord group called the UST Restitution Group (URG) have teamed up to seek the whereabouts of Do Kwon.
URG was originally formed on May 16 as a chatroom for Terra ecosystem investors and to help launch lawsuits on behalf of its members to recover funds lost from TerraUSD Classic (USTC), the so-called stablecoin that depegged from the United States dollar. Now, its members search for and share clues relating to Kwon’s whereabouts. Some have suggested that he could be residing in Russia, Dubai, or on a Yacht.
Singapore, Dubai, and a third unidentified country
According to a local report, South Korean Prosecutors believe Do Kwon left Singapore and landed at Dubai airport last month. However, as his entry record has not been confirmed, they think he traveled to a third country via Dubai. That country has not been identified yet.
Kwon’s statement
In an interview with Laura Shin, a crypto-journalist and host of the Unchained podcast, Kwon suggested he has been on the move due to private and security concerns. He said: “It’s not in the interest of being on the run or something like that, that I don’t want to disclose where I live. It’s just that every time the location where I live becomes known, it becomes almost impossible for me to live there.”
Fingers crossed for the next turn of events in this saga.
The search for Do Kwon is still on and has taken a different dimension. Some other vigilantes have joined the hunt. But before then,
here is a recap of major events prior to this update:
New updates
4,400 disgruntled investors have joined the hunt for Do Kwon
A group of 4400 vigilantes from a discord group called the UST Restitution Group (URG) have teamed up to seek the whereabouts of Do Kwon.
URG was originally formed on May 16 as a chatroom for Terra ecosystem investors and to help launch lawsuits on behalf of its members to recover funds lost from TerraUSD Classic (USTC), the so-called stablecoin that depegged from the United States dollar. Now, its members search for and share clues relating to Kwon’s whereabouts. Some have suggested that he could be residing in Russia, Dubai, or on a Yacht.
Singapore, Dubai, and a third unidentified country
According to a local report, South Korean Prosecutors believe Do Kwon left Singapore and landed at Dubai airport last month. However, as his entry record has not been confirmed, they think he traveled to a third country via Dubai. That country has not been identified yet.
Kwon’s statement
In an interview with Laura Shin, a crypto-journalist and host of the Unchained podcast, Kwon suggested he has been on the move due to private and security concerns. He said: “It’s not in the interest of being on the run or something like that, that I don’t want to disclose where I live. It’s just that every time the location where I live becomes known, it becomes almost impossible for me to live there.”
Fingers crossed for the next turn of events in this saga.
