The prosecutors’ office said in a text message it won’t comment on every one-sided claim from a “fleeing suspect” and added it would be appropriate for Kwon to make a prompt appearance before them to make his position clear.
Terraform Labs, the digital-asset firm of hunted entrepreneur Do Kwon, rejected South Korean charges over a $60 billion cryptocurrency collapse and said the case against him had become “highly politicized.”
A spokesperson for the firm said in a statement that prosecutors had demonstrated “unfairness and a failure to uphold basic rights guaranteed under Korean law,” adding that there’s “no reasonable basis” for their accusation of breaches of capital-markets law.
