How Will the Legal Case Against Do Kwon Play Out in South Korea? - Ep. 401

Published: Sept. 27, 2022, 7:30 a.m.

b'Zack Guzman, journalist and Coinage host, and Jongbaek Park, partner specializing in blockchain and crypto assets at Bae, Kim & Lee, discuss how the case in South Korea against Do Kwon and TerraForm Labs will likely go, whether Do Kwon is on the run, and what his sentence could be.\\xa0\\n\\xa0\\nShow highlights:\\n\\nJongbaek\\u2019s and Zack\\u2019s disclosures regarding Terra\\n\\nhow big the Terra phenomenon was in South Korea and how Do Kwon was perceived in the country\\n\\nwhether Do Kwon posed any conditions for his interview with Zack\\n\\nwhat Do Kwon is being charged with\\n\\nthe colliding opinions on which tokens are considered securities\\n\\nwhether the collapse of Terra had any negative impact on the South Korean President\\u2019s image\\n\\nwhether Do Kwon feels like a charge for violating the capital markets law is unfair\\n\\nwhether Do Kwon is \\u201con the run,\\u201d despite his denials\\n\\nhow the potential revocation of Kwon\\u2019s passport could make him go back to Korea\\n\\nwhether Terra was a failure or a fraud, and how prosecutors are looking into it\\n\\nwhether Terra was centralized\\xa0\\n\\nthe chance of prosecutors going after other people from Terraform Labs and the probability of the entity\\u2019s assets being frozen\\n\\nhow much jail time Kwon could be facing and whether he is prepared to go to prison\\n\\n\\xa0\\n\\xa0\\nThank you to our sponsors!\\n Crypto.com\\na16z\\nChainalysis\\n\\xa0\\nGuests:\\n\\xa0\\n Jongbaek\\nZack: Twitter\\n\\xa0\\nEpisode Links\\nPrevious Coverage of Unchained on Do Kwon and Terra:\\n\\n Do Kwon Is Backing UST With Bitcoin \\u2013 And Here\\u2019s What Else He Is Building\\n\\n The Legal and Regulatory Fallout From Terra\\u2019s Collapse: Who Will Pay?\\n\\n The Chopping Block: Does the New Terra Have Any Chance?\\n\\n Hester Peirce\\u2019s Former Counsel on Terra 2.0, XRP and a Bitcoin Spot ETF\\n\\n Why Terra Collapsed and Whether an Algo Stablecoin Can Ever Succeed\\n\\n\\xa0\\nSEC Actions Against Terra\\n\\nSEC Investigating UST Stablecoin Blowup in Fresh Threat to Terra\\n\\nTerraform Labs Loses US Appeal over SEC Subpoena\\n\\nAllegations against Do Kwon\\n\\nSeoul Police Probe Allegation of Embezzlement by Terraform Staff\\n\\nSouth Korea Launches Investigation into Company Behind Luna Crypto Crash\\n\\n Class action against Do Kwon\\n\\nWas LUNA a Security?\\n\\n Korean prosecutors are looking into Terra\\n\\nDo Kwon\\xa0\\n\\n Red Notice\\n\\n \\u201cNot on the run\\u201d\\n\\nKwon\\u2019s Passport\\n\\n\\nStablecoin Regulation\\n\\n Stablecoin Draft Bill\\n\\n Yellen cites UST stablecoin risk after it loses its dollar peg\\n\\n\\xa0\\nHaseeb Qureshi\\u2019s summary of the Terra collapse:\\nZack\\u2019s Interview with Kwon\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'