Just-In: Prosecutors Refutes Terra Founder Do Kwon's Defense, LUNC Price Falls

South Korean prosecutors’ team claims Terra’s founder Do Kwon is “obviously on the run” as he tweeted “I am not on the run or anything similar”. South Korea’s court issued arrest warrants against Do Kwon and five others for violating the Capital Market Act and requested extradition from Singapore. However, Singapore police confirmed he’s no longer in Singapore.