Do Kwons wife seeks police protection

-The wife of Terraform Labs PTE Ltd. chief executive officer Do Kwon has sought police protection after alleging that a yet-to-be-identified individual broke into their apartment building in South Korea, local police told Forkast.

-Kwons wife requested emergency protection after the incident on Thursday evening, police in Seouls Seongdong-gu district told Forkast.

-She has subsequently been provided with security, they added.

-An unidentified individual allegedly entered the apartment complex located in Seongsu-dong after waiting for a resident to open the gate with a code, Kwons wife alleged.

-The individual then rang the doorbell and knocked on the door to Kwons home, she added.

-After she answered the door, the individual reportedly asked if Kwon was available and left when she answered in the negative, Kwons wife alleged.

-The wife reportedly told the police that the location of their private residence has been made public after Kwons crypto business started going awry.

-The police told Forkast on Friday that they were still trying to trace the individual on possible charges of breaking and entering.

-This pursuit is based on what has been alleged, police say, though it could not be immediately ascertained if the individual had invested in any of Kwons beleaguered cryptocurrency initiatives.