– – – – – – Facts – – – – – –
- In the past week, South Korean prosecutors have issued an arrest warrant for Do Kwon.
- The CEO of Terraform Labs was in charge when the supposedly stable Terra LUNA token lost 99.7% of its value in a week.
- No-one knows his whereabouts, and he’s said to be ‘on the run.’
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According to Planet Crypto sources, Do Kwon, the fugitive co-founder of the failed Terra Ecosystem is attempting to negotiate a plea bargain. Through Planet Crypto, he made this statement:
‘I am fully prepared to work with the authorities,’ said. ‘All I ask is that, when I am sentenced by the courts, they peg my punishment to TerraUSD.’
This would mean that, if the court sentences him to 10 years, his punishment would likely drop 99.7% of its size in a week.
Scoffed cocky Do Kwon, ‘I’d only have to serve 0.3% of my sentence… I’d be out in a week…
‘…And hey. If they sentenced me to the electric chair – instead of getting 2,000 Volts – I’d get 6 volts. Enough to power a small torch. I can work with that, losers!’
