Global Manhunt for Terra Luna Founder Do Kwon After Interpol Issues Red Notice

Share This Post

The global law enforcement agency the International Criminal Police Organization (Interpol), issued a notice for Terraform Labs co-founder Do Kwon just a few weeks after a warrant for his arrest was issued by South Korean authorities. The red notice enables South Korea to receive help from global law enforcement bodies in locating and “provisionally arrest[ing] a person pending extradition, surrender, or similar legal action.”

Global Manhunt for Terraform Labs CEO

Just a few weeks after South Korean authorities issued an arrest warrant for Do Kwon and his associates, the global law enforcement agency the International Criminal Police Organization (Interpol) has reportedly issued a red notice for the Terraform Labs co-founder. The issuing of the notice follows reports that Kwon is not residing in Singapore as Korean authorities initially thought.

According to Interpol, red notices are “issued for fugitives wanted either for prosecution or to serve a sentence.” The red notice enables South Korea to receive help from global law enforcement bodies in locating and “provisionally arrest[ing] a person pending extradition, surrender, or similar legal action.”

Do Kwon’s Silence

As reported by Bitcoin.com News, South Korean prosecutors accuse Kwon and five other Terraform Labs affiliates of violating the country’s capital markets law. Kwon also faces other charges that prosecutors have not divulged.

In his initial response to reports that Korean authorities had issued an arrest warrant for him, Kwon insisted in a September 17 tweet that he was not on the run. Instead, he claimed that he was cooperating with “any government agency that has shown interest to communicate.”

The Terraform Labs chief executive officer has not issued a response to the reports that show Interpol has issued a red notice. Earlier this afternoon at 1:05 p.m. (ET), Kwon responded to a tweet that said: “[Do Kwon] where [are] you hiding fam?” Kwon replied that he was “writing code” in his “living room” and further told the individual to come and visit, and that they should have a cigarette soon.

What are your thoughts on this story? Let us know what you think in the comments section below.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Ethereum Futures Show Signs of Optimism: Will Positive Funding Rates Drive a Breakout?

Ethereum recent performance in the futures market is generating optimism among traders and analysts, according to insights shared by CryptoQuant analyst ‘ShayanBTC’ As the second-largest crypto

Crypto Liquidation Hits $277M: Bitcoin and Ethereum Lead the Losses

The post Crypto Liquidation Hits $277M: Bitcoin and Ethereum Lead the Losses appeared first on Coinpedia Fintech News Today’s Crypto Market crash lead to $277,480,000 liquidation Liquidation

Florida Holds $800 Million In Crypto-Related Investments, Says CFO Patronis

In a recent interview with CNBC, Florida’s Chief Financial Officer, Jimmy Patronis, outlined the state’s increasing commitment to crypto investments This comes in light of his recent directive

Kenyan Securities Exchange Joins Hedera to Bolster Tokenization Ambitions

The Nairobi Securities Exchange has joined the Hedera Council to accelerate tokenization initiatives in Africa, leveraging the Hedera network’s technology and global reach Expediting Uptake of

Why Bitcoin Price is Down Today? High-Impact Events Spark Market Uncertainty

The post Why Bitcoin Price is Down Today High-Impact Events Spark Market Uncertainty appeared first on Coinpedia Fintech News Bitcoin (BTC) price dropped around 4 percent in the past 24 hours to

BlackRock’s Bitcoin ETF Reaches 2% Of Total BTC Supply Amid Record Inflows

On Wednesday, BlackRock, the world’s largest asset manager, achieved a significant milestone in the Bitcoin ETF market, recording the largest inflows since the inception of these investment funds