South Korea deploys the Yeouido Grim Reaper special criminal team to investigate the Terra biosphere’s collapse. According to a report by South Korean news channel SBS, Minister of Justice Han Dong-hoon is in talks to investigate Terra’s demise.
The unique combined financial and securities criminal investigation known as Yeouido Grim Reaper was reopened after almost 2.4 years of hibernation. The crime squad was dismantled as part of a prosecution reform.
BREAKING: South Korea has revived the 'Yeouido Grim Reaper' unit after two years of inactivity to investigate the $LUNA case.
— Watcher.Guru (@WatcherGuru) May 18, 2022
The special unit was named after Seoul’s business district of Yeouido. The inquiry into the Terra case has been resumed by the team. The special team comprises 48 people, seven of whom are lawyers and financial services specialists.
According to the news agency Naver, Do Kwon has been charged with tax evasion and faces a fine of 100 billion won ($78.5 million) for evading corporate tax. It was claimed that Kwon wanted to liquidate his firm and go to Singapore since he was dissatisfied with the tax restrictions. The speculation led to the conclusion that Kwon was moving to avoid paying fees.
The whole episode seems to have backfired on Do Kwon since the 2.0 revival plan was met with disapproval. According to the initial study, more than 92 percent of respondents were opposed to the proposed idea.
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