Seoul Southern District Prosecutors' Office: Do Kwon deliberately manipulated transactions related to Terra🚨🚨🚨

According to a recent opinion submitted by the Financial and Securities Crime Joint Investigation Division of the Seoul Southern District Prosecutors' Office,

Do Kwon said in a conversation with Shin in May 2019 that I can create fake transactions that look real. When you grow bigger, you can reduce (fake transactions) and I won't be able to identify them.

Prosecutors believe that this proves that Do Kwon and Shin deliberately manipulated transactions related to Terra from the beginning of their business with the intention of defrauding investors.

They used fake transactions to exaggerate trading volume to attract investors and expand their business.

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