The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
The Korea Times
amn_close.png
amn_bl.png
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
amn_bl.png
Business
  • Tech
  • Bio
  • Companies
amn_bl.png
Finance
  • Companies
  • Economy
  • Markets
  • Cryptocurrency
amn_bl.png
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to President
  • Letter to the Editor
amn_bl.png
Lifestyle
  • Travel & Food
  • Trends
  • People & Events
  • Books
  • Around Town
  • Fortune Telling
amn_bl.png
Entertainment & Arts
  • K-pop
  • Films
  • Shows & Dramas
  • Music
  • Theater & Others
amn_bl.png
Sports
amn_bl.png
World
  • SCMP
  • Asia
amn_bl.png
Video
  • Korean Storytellers
  • POPKORN
  • Culture
  • People
  • News
amn_bl.png
Photos
  • Photo News
  • Darkroom
amn_NK.png amn_DR.png amn_LK.png amn_LE.png
  • bt_fb_on_2022.svgbt_fb_over_2022.svg
  • bt_twitter_on_2022.svgbt_twitter_over_2022.svg
  • bt_youtube_on_2022.svgbt_youtube_over_2022.svg
  • bt_instagram_on_2022.svgbt_instagram_over_2022.svg
  • Login
  • Register
  • Login
  • Register
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
  • 1

    Song Joong-ki marries British woman, expects baby

  • 3

    Suicidal pedestrian saved over Han River bridge

  • 5

    US four-star general warns of war with China in 2025

  • 7

    K-pop releases for February

  • 9

    Over 76% of South Koreans support development of nuclear weapons

  • 11

    INTERVIEWBusan has potential to be world-class city, says mayor

  • 13

    Koreans reluctant to unmask on first day of eased indoor mask rule

  • 15

    Samsung to introduce low-carbon diet for employees to help tackle climate change

  • 17

    Base taxi fare to rise by 1,000 won to 4,800 won next month

  • 19

    Stock-leveraged investments rise again amid bullish KOSPI

  • 2

    Japanese teen romance film attracts 1 mil. Korean viewers for 1st time in 21 yrs

  • 4

    Korea to lift indoor mask mandate Monday

  • 6

    Kim Jung-hyun returns to small screen with 'Kokdu: Season of Deity'

  • 8

    Korean Lunar New Year vs. Chinese Lunar New Year

  • 10

    Youth, foreign drug offenders increase threefold in 5 years

  • 12

    'Someday or One Day' cast says film spin-off has new plot

  • 14

    NK rejects alleged arms trading with Russia, warns of 'undesirable result'

  • 16

    Seoul International School celebrates 50th anniversary

  • 18

    Plum trees, pheasants and promises of old Korea

  • 20

    Main opposition leader faces pressure to resign in case of indictment

Close scrollclosebutton

Close for 24 hours

Open
  • The Korea Times
  • search
  • all menu
  • Login
  • Subscribe
  • Photos
  • Video
  • World
  • Sports
  • Opinion
  • Entertainment & Art
  • Lifestyle
  • Finance
  • Business
  • National
  • North Korea
National
  • Politics
  • Foreign Affairs
  • Multicultural Community
  • Defense
  • Environment & Animals
  • Law & Crime
  • Society
  • Health & Science
Tue, January 31, 2023 | 22:27
Crypto investor probed over allegedly visiting house of Terraform's CEO
Posted : 2022-05-16 16:38
Updated : 2022-05-17 10:44
Print PreviewPrint Preview
Font Size UpFont Size Up
Font Size DownFont Size Down
  • facebook
  • twitter
  • kakaolink
  • whatsapp
  • reddit
  • mailto
  • link
A crypto investor accused of ringing the doorbell of the house of Do Kwon, co-founder and CEO of Terraform Labs, enters Seongdong Police Station in Seoul, May 16. Yonhap
A crypto investor accused of ringing the doorbell of the house of Do Kwon, co-founder and CEO of Terraform Labs, enters Seongdong Police Station in Seoul, May 16. Yonhap

A crypto investor accused of ringing the doorbell of the house of Do Kwon, co-founder and CEO of Terraform Labs, underwent police questioning in Seoul, Monday.

The suspect, whose identity has been withheld, allegedly entered the apartment complex in eastern Seoul last week and then rang the doorbell, looking for Kwon, while his wife was at home.

Kwon is at the center of a massive collapse of the Terra cryptocurrency and its digital coin counterpart, Luna. A month after reaching a record high of $119, the price of Luna now trades at near zero, while that of Terra trades at around 14 cents.

"I have lost about 2 to 3 billion won ($2.3 million)," the suspect told reporters after undergoing questioning at Seongdong Police Station, urging Kwon to take responsibility for the recent meltdown.

The suspect, who operates an online broadcasting channel, claims there are people who have taken their own lives due to the plunge of the stablecoins.

The investor further urged Kwon to apologize to over 200,000 investors who have lost their savings.

Following his visit, Kwon's spouse requested protection from the police, officers said.

Kwon earlier said in his blog post that Terraform Labs is working on ways to keep its Terra blockchain and ecosystem going despite the collapse of its cryptocurrency. (Yonhap)


 
Top 10 Stories
1Korean Lunar New Year vs. Chinese Lunar New Year Korean Lunar New Year vs. Chinese Lunar New Year
2Over 76% of South Koreans support development of nuclear weapons Over 76% of South Koreans support development of nuclear weapons
3Koreans reluctant to unmask on first day of eased indoor mask rule Koreans reluctant to unmask on first day of eased indoor mask rule
4Stock-leveraged investments rise again amid bullish KOSPI Stock-leveraged investments rise again amid bullish KOSPI
5[ANALYSIS] Pandemic awakens demand for data-driven automation ANALYSISPandemic awakens demand for data-driven automation
6Busan seeks to take lead in expo race after BIE's April visit Busan seeks to take lead in expo race after BIE's April visit
7SPC opens 120th Paris Baguette store in US SPC opens 120th Paris Baguette store in US
8Retailers seek to bolster beauty product sales as lifting of mask mandate approaches Retailers seek to bolster beauty product sales as lifting of mask mandate approaches
9Biohealth geared for growth Biohealth geared for growth
10NK slams NATO chief's Seoul visit as 'prelude to war' NK slams NATO chief's Seoul visit as 'prelude to war'
Top 5 Entertainment News
1Song Joong-ki marries British woman, expects baby Song Joong-ki marries British woman, expects baby
2Kim Jung-hyun returns to small screen with 'Kokdu: Season of Deity' Kim Jung-hyun returns to small screen with 'Kokdu: Season of Deity'
3K-pop releases for February K-pop releases for February
4'Someday or One Day' cast says film spin-off has new plot 'Someday or One Day' cast says film spin-off has new plot
5Itaewon music fest brings love to the healing process Itaewon music fest brings love to the healing process
DARKROOM
  • Nepal plane crash

    Nepal plane crash

  • Brazil capital uprising

    Brazil capital uprising

  • Happy New Year 2023

    Happy New Year 2023

  • World Cup 2022 Final - Argentina vs France

    World Cup 2022 Final - Argentina vs France

  • World Cup 2022 France vs Morocco

    World Cup 2022 France vs Morocco

CEO & Publisher : Oh Young-jin
Digital News Email : webmaster@koreatimes.co.kr
Tel : 02-724-2114
Online newspaper registration No : 서울,아52844
Date of registration : 2020.02.05
Masthead : The Korea Times
Copyright © koreatimes.co.kr. All rights reserved.
  • About Us
  • Introduction
  • History
  • Contact Us
  • Products & Services
  • Subscribe
  • E-paper
  • RSS Service
  • Content Sales
  • Site Map
  • Policy
  • Code of Ethics
  • Ombudsman
  • Privacy Statement
  • Terms of Service
  • Copyright Policy
  • Family Site
  • Hankook Ilbo
  • Dongwha Group