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Terra witnesses skip investigation due to ‘panic disorder’

Terra witnesses skip investigation due to 'panic disorder'

Several witnesses failed to show up at the recent parliamentary investigations in South Korea into Terra’s collapse.

For example, Kim Seo-joon, the CEO of venture capital firm Hashed and an early investor in Terra, failed to testify at a Korean National Assembly Political Committee hearing, according to a statement. local news item.

Seo-joon was one of six witnesses called to better investigate the circumstances leading up to the $40 billion Terra collapse in May. In a statement, he said why he had not come.

He wrote that after the Terra incident, he was under extreme stress and his health deteriorated. He needs to stabilize and that’s why he didn’t come. The letter also claims that Seo-joon suffers from “anxiety” and “panic disorder”.

He attached a medical certificate confirming that he has been receiving psychiatric treatment since July 29, is under additional stress and absolutely needs emotional stability at this point.

Other people involved also fail to show up due to ‘panic disorder’

On March 14, the Political Committee selected a number of key people to question. These are officials Kim Seo-joon (CEO of Hashed), Shin Hyun-sung (CEO Chai Holdco), former Bithumb Korea Chairman Lee Jung-hoon, Kang Jong-hyun (Shareholder Bithumb) and Lee Seok-woo (CEO Dunamu) .

Lee Jung-hoon also provided an explanation as to why he failed to appear at the June 6 National Assembly meeting. The former Bithumb chairman said he also had panic disorder and went on to say that he is no longer involved in the management of Bithumb.

Do Kwon is still wanted

The investigation into Terraform Labs is still in full swing. However, there is one big problem. The protagonist in this story has left with the northern sun.

In September, headlines emerged that a South Korean court had issued a warrant for the arrest of Terra founder Do Kwon for alleged violations of capital market rules. However, no one knows where Kwon is hiding.

In September, the global police network Interpol placed Do Kwon on a red list. However, Do Kwon himself denies that he is hiding.

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