South Korea upgrades wanted status of Terra founder Do Kwon, asks for red notice

South Korea has asked Interpol to contented a reddish alert announcement for Terra’s laminitis Do Kwon, Financial Times reported connected Sept 19.

According to the report, the South Korean prosecutors person requested the cancellation of Kwon’s South Korean passport due to the fact that helium was “on the run” and uncooperative.

The study stated that Kwon’s lawyer told prosecutors that helium would not respond to the summons immediately.

South Korea issued an apprehension warrant for Kwon connected Sept 14.

Kwon closed Terraform Labs bureau successful South Korea successful April and relocated to Singapore astir the aforesaid period. However, the Singapore Police revealed that Kwon was nary longer successful the state arsenic of Sept 17.

The constabulary unit promised to assistance South Korea successful pursuing the Terra founder.

South Korean prosecutors reportedly said they are doing their champion to find him and person “begun the process to spot him connected the Interpol reddish announcement database and revoke his passport.”

According to the Interpol website, a reddish announcement is a  planetary instrumentality enforcement petition to “locate and provisionally apprehension a idiosyncratic pending extradition, surrender, oregon akin ineligible action.”

The announcement would spot Kwon connected the wanted database of 195 countries.

Do Kwon plays the victim, denies being connected the run.

In a bid of Sept 17 tweets, Do Kwon stated that helium was not “on the run.” He besides denied allegations that helium was uncooperative, saying helium has communicated with “any authorities bureau that has shown involvement to communicate.”

Dear CT – I volition archer you what one americium doing and wherever one americium if:

1) we are friends
2) we person plans to meet
3) we are progressive successful a gps based web3 crippled

Otherwise you person nary concern knowing my gps coordinates

— Do Kwon (@stablekwon) September 17, 2022

Kwon continued that those who should cognize his determination are his friends, those helium plans to meet, oregon those helium plays successful a GPS-based web3 game. In his view, immoderate different mentation of this would magnitude to an penetration of his privacy.

Meanwhile, Kwon besides made a cryptic tweet, saying:

“One tin archer a batch astir a nine by the mode it raises its young and buries its dead.”

Crypto Twitter took objection to Do Kwon’s post, with users critiquing his attack to the existent concern by which thousands of investors person mislaid their beingness savings successful the illness of Terra Luna.

The crypto assemblage has interpreted this tweet to mean that the Terra laminitis is playing unfortunate aft the implosion of his company.

The station South Korea upgrades wanted presumption of Terra laminitis Do Kwon, asks for reddish notice appeared archetypal connected CryptoSlate.