South Korean prosecutors say they have evidence of price manipulation by Do Kwon, Do Kwon responds that it will hold a meeting to resolve the issue

According to Edaily, South Korean prosecutors claim to have obtained evidence that Terraform Labs CEO Do Kwon manipulated virtual asset prices, saying that Do Kwon instructed employees to manipulate token market prices. In addition, Do Kwon's passport is currently invalid, and the Seoul Southern District Financial Securities Crime Prosecutor's Office suspended the prosecution of Do Kwon on the grounds that Do Kwon had fled abroad. Do Kwon responded on Twitter that a meeting would be held to resolve the issue, saying the allegations against him were mostly political.