Do Kwon’s ordered to surrender South Korean passport within two weeks or its revoked
According to authorities, Kwon, whose whereabouts remain unknown, has been ordered to hand over the document within 14 days or be revoked as he faces the possibility of prosecution following the over $60 billion Terra (LUNA) ecosystem crash, South Korean Ministry of Foreign Affairs announced.
The directive to have Kwon surrender his passport can be viewed as one of the measures to lure him back to South Korea to face charges. Notably, Kwon is facing charges of fraud alongside five other people for allegedly violating South Korea’s capital-markets law. At the same time, one of Kwon’s associates in managing Terra Labs has since been arrested. Consequently, the government has resorted to different measures to tame Kwon.
Source
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