Do Kwon: Will Hold Conference and Respond to Rumors

Do Kwon tweeted that he will hold a conference and respond to the rumors. He said, "Cops from world over welcome to attend. For those of you that have been spreading falsehood on the taxpayers dime, you are invited with VIP honors, will even pay for your plane ticket."

Previously, South Korean prosecutors said they had obtained evidence that Terraform Labs CEO Do Kwon manipulated prices leading to the collapse of $USTC and $LUNC.