Terra Labs Founder Do Kwon Could Be an Interpol-wanted Criminal Soon

Last Updated:
South_Korean_prosecutors_have_raised_the_prospects_of_Terra's_Do
  • Do Kwon responds to questions about his whereabouts as an invasion of privacy.
  • South Korean prosecutors, however, believe that the tech leader is indeed “on the run.”
  • The country’s officials have asked Interpol to issue a red notice for Kwon.

According to the latest reports, South Korean prosecutors believe that the notorious founder of the infamous Terraform labs is “on the run” and have asked Interpol to assist them in nabbing him. The statement came following Kwon’s defensive Twitter thread in which he explained that he will only reveal his location to his friends. “Otherwise you have no business knowing my gps coordinates,” stated the fallen tech entrepreneur. 

Kwon further added that he was not on the run or anything similar. “For any government agency that has shown interest to communicate, we are in full cooperation and we don’t have anything to hide,” argued the once-Billionaire.

However, South Korean authorities are not convinced. Ever since the LUNA crash earlier this year, Kwon has been residing in Singapore. Even though Kwon has been asked about this move multiple times, the golden boy of crypto has either evaded the question or has been aggressive in his responses.

Last week, South Korea’s police officials began procedures to nullify Kwon’s passport. This decision came after the Seoul Southern District Prosecutors Office issued arrest warrants for Kwon and five others, including Terraform founding member Nicholas Platias, for  violation of capital markets law. Interestingly, Singapore police have informed South Korea and the rest of the world that Kwon is currently not in Singapore. This is when the questions about Kwon’s whereabouts came into discussion. 

Regarding the investigation, officials stated:

Currently, we are in the process to locate the whereabouts of suspect Do Kwon and apprehend him.

As a final straw, the South Korean prosecutors have turned to Interpol. In a rather tragic turn of events, the country asked Interpol to issue a red notice against Do Kwon, alleging that he is refusing to cooperate with an investigation into the TerraUSD and Luna tokens crash. The fate of the once inspirational tech leader can now only be speculated as he could soon find himself on Interpol’s wanted list.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

CoinStats ad

Latest News