The founder of Terraform LabsDo Kwon is reported to have reported to the police after one of the alleged investors Earth Moon visited his apartment on Thursday (12/5) evening local time.
Quoted from Gizmodo, Saturday (14/5), an unknown man arrived at Kwon’s apartment at around 18.23 local time. He rang the doorbell of Kwon’s apartment and was greeted by Kwon’s wife.
The man then asked where Kwon was and then ran away. The local police have not been able to confirm that the man is a Terra Luna investor.
The man was charged with trespassing because he allegedly entered the apartment complex by sneaking through the public door of the apartment building. Police are said to be checking CCTV in this regard.
For information, the Terra Luna crypto asset fell to the point of being kicked out of the top 10 market capitalization cryptos, and officially frozen from crypto trading.
Quoting coinmarketcap.com, terra fell 93.89 percent in a day or 98.75 in a week. Now, one piece of terra is only priced at US$1.08. His position also plunged into the ranking of 37 cryptocurrencies.
Terra crypto asset management said it would clean up and come up with a new plan. Similarly, Do Kwon admitted that he was preparing steps to save Terra.
“I understand that the last 72 hours have been very difficult for all of you, know that I am determined to work with all of you to overcome this crisis, and we will build a way out of this,” he said via his personal Twitter account @stablekwon.
(ryn / mik)
–
