International crime-fighting agency Interpol has reportedly issued a notice directing global law enforcement agencies to arrest Terraform Labs co-founder and CEO Do Kwon. Somehow, Kwon is still trying to convince the world, and possibly himself, that, in fact, he is not on the run.
South Korean prosecutors allege that Interpol issued a so-called “red notice” this week to encourage law enforcement agencies to pursue the power, according to One Wall Street Journall report.Interpol did not immediately respond to Gizmodo’s request for comment, but their website The notice is described as “requesting law enforcement around the world to locate and provisionally arrest a person pending extradition, surrender or similar legal action”. These arrest warrants are for people who are actually “on the run”.
So, what exactly is the right not to escape at all? Earlier this year, the cryptocurrency founder witnessed the rise and sudden collapse of the TerraUSD and Luna stablecoins.The market cap of the two tokens plummeted from a market cap of around $60 billion to almost zero in May, which in turn caused the help the tank Bitcoin price hits another Worst Crypto Winter in the history of the industry.Right believed to be in Singapore during chaos despite local law enforcement it is said Claims his current whereabouts are unknown. Earlier this month, South Korean prosecutors issued a warrant for the power of arrest, claiming he was suspected of violating the country’s capital markets law.
Terraform Labs did not respond to Gizmodo’s request for comment.
But Kwon has no interest in returning to South Korea.Days after prosecutors issued an arrest warrant, they send request Go to the Korean Foreign Ministry to revoke his passport.With Kwon still refusing to budge, prosecutors decided loop into Interpol.
Kwon, who is still active on Twitter, replied Monday to a user who asked about the red notice, and his response was as hilarious as you might expect.
“For something that has a notice in the name, it certainly doesn’t notice,” Quan wrote. Although Kwon’s name does not appear on the online Red Notice list, Wall Street Journal notes Most notifications are not made public.
“Yes, as I said, I’m hiding with zero effort,” Kwon continued. “I go for walks and malls, and it’s impossible CT hasn’t run into me over the past few weeks.”
The tweets echo similar denials made last week. There, Kwon categorically denied claims he was “at large” and claimed he was “fully cooperating” with any government agency interested in communicating with him.
“We have nothing to hide,” Kwon said.