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Kwon's name has become a staple in the cryptocurrency industry especially when the algorithmic stablecoin TerraUSD (UST) depegged and crashed in May.
The arrest warrant for a Terraform Labs employee connected to Do Kwon has been thrown out by a judge in South Korea.
Do Kwon, the South Korean founder of cryptocurrency company Terraform Labs, insisted that he is not running away from the country's authorities. His insistence followed the prosecutor's [...]
Terra's spectacular collapse is an instructive "story" that underscores "to some extent," that decentralization is not an elixir that "by itself" could "solve every problem," Buterin said.
"I wasn't in the 'jail Do Kwon' camp before this, but if this is true, he totally deserves some jail time," FatManTerra said.