'Tera·Luna Incident' Kwon Do-hyung Leaves Singapore for Third Country... Statute of Limitations Suspended

[Asia Economy Reporter Yoo Byung-don] It has been confirmed belatedly that Terraform Labs CEO Kwon Do-hyung, who is known to be staying abroad, left Singapore last month and moved to a third country.

According to the police and prosecution on the 20th, CEO Kwon, who left the country at the end of April and was staying in Singapore, was investigated to have arrived at Dubai Airport on the 7th. However, there is no record of him undergoing entry procedures into the United Arab Emirates (UAE) at the airport.

Investigative authorities are focusing on the possibility that CEO Kwon transited through Dubai to move to a third country and have requested neighboring countries to locate his whereabouts.

The Seoul Southern District Prosecutors' Office Financial Securities Crime Joint Investigation Team (Chief Dan Sung-han), which is investigating CEO Kwon, is known to have suspended the statute of limitations for him. According to the Criminal Procedure Act, the statute of limitations can be suspended when a person is abroad to avoid criminal punishment.

Additionally, the Ministry of Foreign Affairs announced on its website on the 5th an order for CEO Kwon to surrender his passport. If CEO Kwon does not return his passport by the 2nd of next month, which is the 14th day from the end date of the announcement, the passport will become invalid.

In a podcast "Unchained" aired the day before, CEO Kwon stated, "I do not want to disclose where I am living," and mentioned, "I have been under threat to my safety since the crash of Terra and Luna coins."

This content was produced with the assistance of AI translation services.