Court Rejects Do Kwon’s attempt to recover S$19.4 million in housing debt

Do Kwon sought to recover S$19.4 million following the collapse of his S$38.8 million condo deal. The High Court ruled against him, stating the seizure of his option fees was valid.

The luxury condominium was sold for S$34.5 million, highlighting financial missteps linked to the fall of TerraUSD and Luna. Kwon’s pursuit for recovery demonstrates the legal complexities surrounding bankruptcy.

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