South Korea seeks to arrest developer of failed cryptocurrency Luna ...Middle East

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SEOUL: A South Korean court has issued an arrest warrant for Do Kwon, the primary developer of cryptocurrencies Luna and TerraUSD, whose spectacular collapse in May roiled crypto markets around the world.Kwon, also the founder of blockchain platform Terraform Labs, has been accused of fraud by investors in the wake of the collapse.“An arrest warrant has been issued for a total of six people, including Do Kwon, who are currently residing in Singapore,“ a spokesperson for prosecutors said on Wednesday without elaborating on the reason.Kwon did not immediately reply to a Reuters email seeking comment. The Singapore Police Force also did not immediately respond to a request for comment.The arres

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