South Korean prosecutors seek notification on Do Kwon’s arrival.

July 27, 2022

Do Kwon and other Terra founders face serious scrutiny from prosecutors as investigation into Terra LUNA moves further.

According to a local news outlet, S.Korean prosecutors are seeking a “notification upon arrival” for Do Kwon’s entry into the country.

Authorities also issued a travel ban notice against Terraform’s co-founder Shin Hyun-seong and former Vice President Kim Mo.

Last month, key Terraform developers were blocked from leaving the country.

Earlier, Terraform’s co-founder Shin Hyun-seong was also raided by the investigating team.

Terra’s collapse wiped off $40 billion of investors’ wealth.

Do Kwon is currently believed to be residing in Singapore.