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The crypto entrepreneur and infamous founder of Terraform Labs, Do Kwon, has not only been named in an Interpol red notice and an arrest warrant but is now also ordered to surrender his passport to South Korean authorities.
On October 6th, the South Korean Ministry of Foreign Affairs will void the passport of the founder of Terra Luna (LUNA), the crypto which eradicated $60bn from the crypto market, if he is not surrendering it within 14 days.
The South Korean authorities have made big efforts to get their hands on Do Kwan, which refutes all allegations and even claims that authorities are lying and hunting him for political gains while being adamant that he is not 'in hiding.' For instance, authorities allege that Do Kwon moved $40M in funds from the LFG, which are now frozen.
Established altcoins Aave and Curve are well-regarded due to their safety precautions, including several audits, and renewed their bids to full transparency. In reality, blockchain technology offers full transparency by design. Every transaction is visible and traceable on-chain.
In a recent statement, Rita, a core developer of Uniglo.io, said their top-tier audit from Paladin Blockchain Security is providing safety and transparency for investors of the upcoming DeFi protocol. This measure makes GLO safer than regular blockchain startups due to its pre-launch audit, which removes the fear of criminal or malicious intentions.
Even though Uniglo.io goes the extra mile to ensure safety and transparency, it can't be emphasized enough that this should be the standard for all DeFi protocols.
With innovation comes responsible, and some take this more seriously than others. For instance, Aave can pride itself on having obtained a total of ten audits since 2019. However, Uniglo.io is in no way inferior and has committed to further top-tier audits. In addition, the DeFi project's presale is ongoing, and there is still time to invest in one of the safest and hottest DeFi protocols before it launches on November 19th.
Learn More Here:
Join Presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Discord: https://discord.gg/a38KRnjQvW
Twitter: https://twitter.com/GloFoundation1
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
