Global hunt for Terra Luna founder Do Kwon after Interpol issues red alert – Regulating Bitcoin News
The global law enforcement agency, the International Criminal Police Organization (Interpol), issued a notice to Terraform Labs co-founder Do Kwon just weeks after an arrest warrant was issued by South Korean authorities. The red alert allows South Korea to receive help from global law enforcement agencies in locating and “preliminary arrest”[ing] a person awaiting 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 International Criminal Police Organization (Interpol) has reportedly issued a red notice for the Terraform Labs co-founder. The issuance of the notice follows reports that Kwon is not a resident of Singapore as Korean authorities first believed.
According to Interpol, “red alerts are issued for fugitives wanted either for prosecution or to serve a sentence.” The red alert allows South Korea to receive help from global law enforcement agencies in locating and “preliminary arrest”[ing] a person awaiting extradition, surrender or similar legal action.”
Do Kwon’s Silence
As reported by Bitcoin.com News, South Korean prosecutors are accusing Kwon and five other Terraform Labs affiliates of violating the country’s capital markets law. Kwon also faces other charges that prosecutors have not disclosed.
In his first response to reports that Korean authorities had issued an arrest warrant for him, Kwon insisted in a Sept. 17 tweet that he was not on the run. Instead, he claimed he was cooperating with “any authority that has shown an interest in communicating.”
The CEO of Terraform Labs has not responded to reports that Interpol has issued a red notice. Earlier this afternoon at 1:05 PM (ET), Kwon responded to a tweet that so: “[Do Kwon] where [are] are you hiding fam?” Kwon black that he “wrote code” in the “living room” and so on told the individual to come to visit, and that they should have a cigarette soon.
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