According to Korean media, Hashed boss Kim So-Jung did not show up for the meeting of the National Assembly’s Political Affairs Committee. This commission is investigating the bankruptcy and So Jung is a witness in the case.

According to the businessman, the reason for his failure was “severe nervous stress” after the Terra ecosystem collapsed. The man claimed to have serious health problems. In his statement, one can read:

I suffer from anxiety disorders and panic attacks due to severe mental stress after the fall of Luna-Tera. Since July 29, I have been in psychiatric therapy. While on medication and counseling my condition worsened and my symptoms continued to progress.

Hashd’s Kim So-jung and Tchaiholdco’s Shin Hyun-sung were early investors in Terra and Luna. Shin Hyun-seong then co-created the project.

Former Bithumb CEO Lee Jong-hoon also missed the October 6 hearing. He cited panic disorders as the reason. Lee Jong-hoon also wrote in a statement that he was not involved in running Bithumb’s affairs.

South Korean officials recently said boss Terry Do Kwon fled to Dubai. A week ago, he gave an interview to American journalists. Kwon complained that he was receiving threats, so he was forced into hiding. Other Terra employees also call the accusations against their co-founder unfair and politicized.

3AC founders also disappear like Do Kwon

A while ago, we reported that the founders of bankrupt fund Three Arrows – also linked to Terra (LUNA) – had also disappeared. One of them reportedly did not disclose information about accessing the wallet where the cryptocurrencies were stored. One of the liquidators said:

The Founders, through their legal counsel, have argued that the limited information provided to us to date, which amounts to an incomplete list of assets and selective disclosures regarding electronic means of accessing digital assets, represented all of their Three Arrows documents.

3AC is also under intense scrutiny from two well-known federal watchdog agencies in the cryptocurrency world. These are the US Commodities and Futures Trading Commission and the US Securities and Exchange Commission. According to Bloomberg, the two agencies are investigating whether the hedge fund misled investors by not registering with them and misrepresenting its track record.

BeInCrypto Polska – One of the first investors lost his health because of Terra (LUNA)

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