Report: Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout

0 1

Report: Terra Founder Do Kwon's Spouse Seeks Police Protection After the LUNA and UST Fallout

Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an unidentified person. Do Kwon’s spouse has requested protection from the Seongdong police in Seoul after the unknown person broke into the apartment building and rang the doorbell asking for Kwon.

Unidentified Person Breaks Into Do Kwon’s Apartment Building Seeking Terra Founder’s Whereabouts, Kwon’s Spouse Seeks Help From Police

Not too long ago, on May 1, 2022, the Terra blockchain token LUNA was the eighth-largest market cap among 13,000+ cryptocurrencies in existence. LUNA’s market cap on that day was $28.3 billion and terrausd (UST) was two spots below LUNA with an $18.5 billion market valuation. Both crypto market caps combined on May 1, 2022, were around $46.8 billion in value and today, around 91% of that value has disappeared.

At the time of writing, UST’s and LUNA’s market cap combined equates to $3.9 billion in value. Terra’s fallout has caused a lot of pain among UST and LUNA investors and many have been very upset about how the situation was handled. Some investors lost their life savings and children’s college funds, and others managed to escape with a haircut in terms of losses. Social media and forums are filled with horrifying stories of people who are severely depressed over the Terra situation and losing funds.

Now, after a few days since the initial UST de-pegging incident, reports note that an unidentified person visited Do Kwon’s apartment building and rang the doorbell asking for the Terra founder. One local report explains that Do Kwon’s spouse was home and she asked the Seongdong police to designate an officer for emergency protection. The crypto publication Forkast also spoke with Seoul’s Seongdong-gu district police and confirmed the story.

The police report notes that the unidentified person rang the doorbell and Kwon’s spouse answered. “Is your husband in the apartment?” the unknown person said. The report said that while the Terra blockchain tokens were down in value, Do Kwon’s home was “exposed to unspecified investors.” Seongdong police also noted that they were investigating the situation further and “plan to review what additional measures.”

What do you think about the unidentified person going to Do Kwon’s home and his spouse asking for police protection after the Terra blockchain implosion incident? Let us know what you think about this subject in the comments section below.

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 30,587.00 1.97%
ethereum
Ethereum (ETH) $ 2,102.70 3.25%
tether
Tether (USDT) $ 1.00 0.09%
usd-coin
USD Coin (USDC) $ 1.00 0.18%
binance-coin
BNB (BNB) $ 307.81 3.01%
xrp
XRP (XRP) $ 0.440993 2.92%
cardano
Cardano (ADA) $ 0.583238 3.49%
solana
Solana (SOL) $ 57.58 6.46%
binance-usd
Binance USD (BUSD) $ 1.00 0.24%
polkadot
Polkadot (DOT) $ 11.10 3.23%
dogecoin
Dogecoin (DOGE) $ 0.090823 2.02%
avalanche-2
Avalanche (AVAX) $ 34.87 5.81%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 30,577.00 1.92%
staked-ether
Lido Staked Ether (STETH) $ 2,067.46 3.21%
tron
TRON (TRX) $ 0.072717 4.52%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 3.12%
dai
Dai (DAI) $ 1.00 0.12%
litecoin
Litecoin (LTC) $ 73.84 8.61%
crypto-com-chain
Cronos (CRO) $ 0.203012 3.74%
matic-network
Polygon (MATIC) $ 0.733070 7.13%
near
NEAR Protocol (NEAR) $ 6.73 1.56%
leo-token
LEO Token (LEO) $ 4.94 0.50%
ftx-token
FTX Token (FTT) $ 32.14 0.51%
bitcoin-cash
Bitcoin Cash (BCH) $ 208.74 5.09%
chainlink
Chainlink (LINK) $ 7.78 3.49%
stellar
Stellar (XLM) $ 0.143099 4.05%
algorand
Algorand (ALGO) $ 0.499875 7.76%
cosmos
Cosmos Hub (ATOM) $ 11.69 4.51%
okb
OKB (OKB) $ 12.94 3.65%
monero
Monero (XMR) $ 175.27 7.09%
flow
Flow (FLOW) $ 3.04 4.86%
ethereum-classic
Ethereum Classic (ETC) $ 21.91 3.42%
apecoin
ApeCoin (APE) $ 9.00 9.61%
uniswap
Uniswap (UNI) $ 5.53 7.88%
elrond-erd-2
Elrond (EGLD) $ 100.65 6.40%
hedera-hashgraph
Hedera (HBAR) $ 0.109823 4.36%
vechain
VeChain (VET) $ 0.033120 5.11%
internet-computer
Internet Computer (ICP) $ 8.74 6.16%
theta-fuel
Theta Fuel (TFUEL) $ 0.071705 2.14%
magic-internet-money
Magic Internet Money (MIM) $ 0.995558 0.03%
decentraland
Decentraland (MANA) $ 1.23 1.83%
filecoin
Filecoin (FIL) $ 8.69 3.22%
the-sandbox
The Sandbox (SAND) $ 1.39 3.50%
axie-infinity
Axie Infinity (AXS) $ 21.93 10.10%
compound-ether
cETH (CETH) $ 42.10 3.53%
tezos
Tezos (XTZ) $ 1.88 4.70%
defichain
DeFiChain (DFI) $ 3.13 2.25%
chain-2
Chain (XCN) $ 0.092301 9.93%
frax
Frax (FRAX) $ 0.999654 0.21%
kucoin-shares
KuCoin Token (KCS) $ 15.02 8.02%
zcash
Zcash (ZEC) $ 115.39 11.27%
maker
Maker (MKR) $ 1,591.92 2.97%
theta-token
Theta Network (THETA) $ 1.42 3.71%
pancakeswap-token
PancakeSwap (CAKE) $ 4.75 4.70%
eos
EOS (EOS) $ 1.39 4.11%
aave
Aave (AAVE) $ 95.79 11.83%
the-graph
The Graph (GRT) $ 0.183299 3.12%
klay-token
Klaytn (KLAY) $ 0.440402 9.91%
terra-luna
Terra (LUNA) $ 0.000190 6.12%
true-usd
TrueUSD (TUSD) $ 1.00 0.04%
huobi-btc
Huobi BTC (HBTC) $ 30,567.00 1.79%
huobi-token
Huobi Token (HT) $ 7.08 1.01%
iota
IOTA (MIOTA) $ 0.395062 6.81%
bitcoin-sv
Bitcoin SV (BSV) $ 56.90 6.03%
compound-usd-coin
cUSDC (CUSDC) $ 0.022642 0.17%
bittorrent
BitTorrent (BTT) $ 0.000001 2.62%
thorchain
THORChain (RUNE) $ 3.47 7.68%
quant-network
Quant (QNT) $ 74.92 4.31%
terrausd
TerraUSD (UST) $ 0.088650 19.83%
stepn
STEPN (GMT) $ 1.62 12.71%
ecash
eCash (XEC) $ 0.000050 3.49%
paxos-standard
Pax Dollar (USDP) $ 1.00 0.10%
helium
Helium (HNT) $ 9.31 5.22%
fantom
Fantom (FTM) $ 0.367079 7.58%
radix
Radix (XRD) $ 0.088617 0.14%
gatechain-token
GateToken (GT) $ 5.75 4.84%
neutrino
Neutrino USD (USDN) $ 0.971861 1.93%
cdai
cDAI (CDAI) $ 0.022047 0.08%
bitdao
BitDAO (BIT) $ 0.849164 0.79%
arweave
Arweave (AR) $ 15.99 0.48%
nexo
NEXO (NEXO) $ 1.40 1.49%
neo
NEO (NEO) $ 11.10 6.10%
zilliqa
Zilliqa (ZIL) $ 0.053845 5.84%
convex-finance
Convex Finance (CVX) $ 12.50 10.93%
kusama
Kusama (KSM) $ 83.46 13.15%
waves
Waves (WAVES) $ 7.10 8.17%
enjincoin
Enjin Coin (ENJ) $ 0.749725 4.70%
amp-token
Amp (AMP) $ 0.014221 1.30%
gala
Gala (GALA) $ 0.090464 2.70%
dash
Dash (DASH) $ 61.25 4.20%
chiliz
Chiliz (CHZ) $ 0.121739 5.26%
havven
Synthetix Network Token (SNX) $ 2.91 6.30%
celo
Celo (CELO) $ 1.47 2.01%
loopring
Loopring (LRC) $ 0.508317 7.54%
basic-attention-token
Basic Attention Token (BAT) $ 0.419296 3.75%
maiar-dex
Maiar DEX (MEX) $ 0.000122 7.55%
osmosis
Osmosis (OSMO) $ 1.66 2.11%
blockstack
Stacks (STX) $ 0.581410 2.86%
harmony
Harmony (ONE) $ 0.050344 5.78%
pax-gold
PAX Gold (PAXG) $ 1,821.62 0.32%
gnosis
Gnosis (GNO) $ 231.79 3.00%
compound-usdt
cUSDT (CUSDT) $ 0.021768 0.00%
xdce-crowd-sale
XDC Network (XDC) $ 0.045912 0.61%
mina-protocol
Mina Protocol (MINA) $ 1.12 5.56%
nem
NEM (XEM) $ 0.061766 4.48%
kadena
Kadena (KDA) $ 2.98 0.03%
lido-dao
Lido DAO (LDO) $ 1.53 4.12%
curve-dao-token
Curve DAO Token (CRV) $ 1.42 2.76%
decred
Decred (DCR) $ 38.66 0.64%
fei-usd
Fei USD (FEI) $ 0.999398 0.33%
kava
Kava (KAVA) $ 2.68 11.46%
compound-governance-token
Compound (COMP) $ 74.99 9.08%
frax-share
Frax Share (FXS) $ 8.41 0.15%
nxm
Nexus Mutual (NXM) $ 71.30 3.00%
holotoken
Holo (HOT) $ 0.002716 2.58%
tether-gold
Tether Gold (XAUT) $ 1,860.76 0.21%
tokenize-xchange
Tokenize Xchange (TKX) $ 5.63 2.22%
qtum
Qtum (QTUM) $ 4.26 5.60%
ecomi
ECOMI (OMI) $ 0.001625 4.49%
iostoken
IOST (IOST) $ 0.018289 3.43%
bancor
Bancor Network Token (BNT) $ 1.47 3.43%
juno-network
JUNO (JUNO) $ 8.28 7.91%
oec-token
OKC Token (OKT) $ 25.69 13.67%
1inch
1inch (1INCH) $ 0.964930 3.54%
livepeer
Livepeer (LPT) $ 15.50 3.35%
serum
Serum (SRM) $ 1.27 3.24%
flex-coin
FLEX Coin (FLEX) $ 4.95 1.15%
moonbeam
Moonbeam (GLMR) $ 1.41 8.55%
evmos
Evmos (EVMOS) $ 1.80 0.83%
omisego
OMG Network (OMG) $ 2.61 5.31%
0x
0x (ZRX) $ 0.431298 5.72%
msol
Marinade staked SOL (MSOL) $ 60.09 6.08%
celsius-degree-token
Celsius Network (CEL) $ 0.856677 1.31%
xido-finance
Xido Finance (XIDO) $ 12.63 0.84%
yearn-finance
yearn.finance (YFI) $ 10,209.49 3.28%
bitcoin-gold
Bitcoin Gold (BTG) $ 20.30 3.09%
liquity-usd
Liquity USD (LUSD) $ 1.00 0.04%
rocket-pool
Rocket Pool (RPL) $ 21.30 5.37%
secret
Secret (SCRT) $ 2.01 5.98%
ankr
Ankr (ANKR) $ 0.041395 7.13%
link
LINK (LN) $ 55.47 3.40%
olympus
Olympus (OHM) $ 17.22 3.78%
audius
Audius (AUDIO) $ 0.481196 7.80%
ravencoin
Ravencoin (RVN) $ 0.031769 5.50%
husd
HUSD (HUSD) $ 1.00 0.02%
iotex
IoTeX (IOTX) $ 0.034226 12.94%
bitkub-coin
Bitkub Coin (KUB) $ 3.63 1.94%
skale
SKALE (SKL) $ 0.093011 9.65%
convex-crv
Convex CRV (CVXCRV) $ 1.38 1.50%
icon
ICON (ICX) $ 0.406965 5.46%
just
JUST (JST) $ 0.043261 3.12%
golem
Golem (GLM) $ 0.315674 22.11%
everdome
Everdome (DOME) $ 0.026109 2.82%
usdd
USDD (USDD) $ 1.00 0.43%
ethereum-name-service
Ethereum Name Service (ENS) $ 12.65 17.29%
swissborg
SwissBorg (CHSB) $ 0.318020 1.47%
oasis-network
Oasis Network (ROSE) $ 0.086132 11.39%
everscale
Everscale (EVER) $ 0.239438 0.22%
siacoin
Siacoin (SC) $ 0.005614 4.79%
dogelon-mars
Dogelon Mars (ELON) $ 0.000001 4.59%
titanswap
TitanSwap (TITAN) $ 2.85 1.91%
constellation-labs
Constellation (DAG) $ 0.110650 4.51%
synapse-2
Synapse (SYN) $ 1.49 0.60%
zencash
Horizen (ZEN) $ 22.55 8.38%
safemoon
SafeMoon [OLD] (SAFEMOON) $ 0.000000 3.31%
sushi
Sushi (SUSHI) $ 1.48 13.12%
songbird
Songbird (SGB) $ 0.034221 21.95%
mimatic
MAI (MIMATIC) $ 0.998301 0.04%
safemoon-2
SafeMoon (SFM) $ 0.000461 5.87%
wax
WAX (WAXP) $ 0.130934 3.27%
pocket-network
Pocket Network (POKT) $ 0.261158 24.86%
trust-wallet-token
Trust Wallet Token (TWT) $ 0.739979 8.40%
ontology
Ontology (ONT) $ 0.290495 4.33%
render-token
Render Token (RNDR) $ 0.993454 2.47%
ethos
Voyager Token (VGX) $ 0.863480 2.91%
astar
Astar (ASTR) $ 0.072017 5.40%
swipe
SXP (SXP) $ 0.494542 6.95%
gemini-dollar
Gemini Dollar (GUSD) $ 1.00 0.30%
plex
PLEX (PLEX) $ 0.914865 0.87%
smooth-love-potion
Smooth Love Potion (SLP) $ 0.005815 8.44%
escoin-token
Escoin Token (ELG) $ 3.41 3.30%
tenset
Tenset (10SET) $ 2.57 9.28%
woo-network
WOO Network (WOO) $ 0.212855 7.99%
uma
UMA (UMA) $ 3.34 9.07%
tether-eurt
Euro Tether (EURT) $ 1.05 0.79%
immutable-x
Immutable X (IMX) $ 0.939963 5.38%
kyber-network-crystal
Kyber Network Crystal (KNC) $ 2.16 37.98%
nucypher
NuCypher (NU) $ 0.180652 3.80%
playdapp
PlayDapp (PLA) $ 0.591715 3.31%
velas
Velas (VLX) $ 0.092467 16.87%
polymath
Polymath (POLY) $ 0.236806 6.73%
mxc
MXC (MXC) $ 0.086889 12.93%
apenft
APENFT (NFT) $ 0.000001 3.88%
hive
Hive (HIVE) $ 0.559397 3.32%
illuvium
Illuvium (ILV) $ 312.79 3.79%
digibyte
DigiByte (DGB) $ 0.013126 7.72%
rally-2
Rally (RLY) $ 0.072157 2.08%
casper-network
Casper Network (CSPR) $ 0.041569 2.87%
dydx
dYdX (DYDX) $ 2.08 8.82%
acala
Acala (ACA) $ 0.481422 2.18%