Interpol Issues Red Notice for Do Kwon: Report

Interpol has issued a red notice for Terraform Labs co-founder Do Kwon, according to a report from Bloomberg.

  • Kwon has yet to issue a statement via Twitter, but in prior tweets he has maintained that Terraform Labs is defending itself in multiple jurisdictions.
  • "Unless we are friends, have plans to meet, or are involved in a GPS-based Web3 game you have no business knowing my GPS coordinates,” Kwon tweeted earlier.
  • It was thought that Kwon was in Singapore, where he maintains a residence, but police have confirmed that he's not there.
  • Prosecutors in South Korea have previously said that Kwon was "obviously on the run" and not cooperating with investigators.

Read more: First Mover Asia: Where in the World Is Do Kwon? Terra Co-Founder’s Absence Highlights the Complications of Extradition; Cryptos Climb Ahead of FOMC