Korean prosecutors have raided the National Tax Service to seize files pertaining to their investigation into Do Kwon committing tax fraud. They have discovered that Do Kwon siphoned funds he cashed out from Terra into tax havens like the Virgin Islands.https://news.sbs.co.kr/news/endPage.do?news_id=N1006787781 …
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The NTS failed to formally file this investigation report with the Prosecutors' Office, making the raid necessary. They also suspect that in order to further evade taxes, Do Kwon gifted coins to family and bought property abroad (I have also been tracking leads indicating this).
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Replying to @FatManTerra
Was he bribing senior tax officials? Seems like the only possible reason for this. About damn time he enjoys the company of real psychopaths, behind bars.
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Replying to @ragnarbravo2
This seems like a reasonable deduction - can't confirm it at all, but it would check out
7:28 AM - 15 Jun 2022
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