Latest news about Luna Foundation Guard

A warrant to arrest Kwon and five other people who are currently in Singapore was issued by a court in Seoul, South Korea.

However, since releasing on the weekend at a starting price of $18.87, the price has dropped 56%.

Following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd, a crypto investor was detained after knocking on Do Kwon's home (UST). He lost $2.4 million and is now being investigated by South Korean authorities. When he lost his assets, he claimed, 'I felt like I was going to die.'

South Korean police have contacted the country's major exchanges to request that any funds associated to the Luna Foundation Guard be frozen.