- South Korean authorities state that Kwon is residing in Europe.
- Kwon’s passport was revoked, “cannot travel legally between countries,” states KBS
- Terra Labs, CEO to hold a conference, and cops from all over the world were invited.
The Chief Executive Officer (CEO) of Terra Labs, Do Kwon, is hiding in Europe, reported the South Korean authorities. Moreover, the Korean broadcasting system (KBS) stated that it “understood that [Kwon] is currently in Europe.”
Notably, KBS reported that the South Korean authorities had revoked Do Kwon’s passport according to their verdict. Hence, it states that Kwon “cannot travel legally between countries,” and if he did travel, he would then be considered an illegal immigrant.
Although the authorities have recognized the country where Kwon presently resides, it is still unclear whether they know the precise location to take Kwon under custody.
However, with a revoked passport and an impending Interpol arrest warrant, Kwon took to Twitter to state that he was ready to get over this hideout. Intesteringly, he suggested holding a conference and invited cops from all over the world to attend this meeting.
Alright ill throw a meetup/conference soon to get over this in hiding bs. Cops from world over welcome to attend.
Kwon has been accused of violating the Capital Markets Act, fraud, and evading tax payment. However, Kwon did not plead guilty to these accusations. Additionally, Kwon made a statement in a follow-up tweet that seems to be directed to the South Korean authorities.
In his tweets, Kwon states:
For those of you that have been spreading falsehood on the taxpayers dime, you are invited with VIP honors – will even pay for your plane ticket. Show up if you dare.
It is worth noting that this is the third country that Kwon fled to since the crash of Terra labs. Specifically, Kwon moved to Singapore and then from their he was reported to have flown to Europe via Dubai.
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