Just a few weeks ago, a warrant was issued for Do Kwon’s arrest 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 Chief Executive Officer
The International Criminal Police Organization (Interpol), the world’s largest law enforcement agency has apparently issued a red alert for Terraform Labs cofounder, just weeks after South Korean authorities had issued Do Kwon with an arrest warrant. According to Korean authorities, Kwon was not found in Singapore when the notice was issued.
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 faces additional charges which have yet to be disclosed by the prosecutors.
Kwon, in his first response to Korean authorities issuing an arrest warrant against him for allegedly threatening the safety of his family members, insisted that he wasn’t in danger. Instead, he claimed that he was cooperating with “any government agency that has shown interest to communicate.”
According to reports, Interpol issued a red warning. The chief executive of Terraform Labs has yet not responded. Kwon tweeted that he had responded earlier this afternoon, at 1:15 p.m. ET. said: “[Do Kwon]Where [are] you hiding fam?” Kwon replied that he was “writing code” in his “living room” and further toldThey should visit the person and have a smoke soon.
Let us know your opinions on the story. Please comment below to let us know your thoughts.
Credits for the imageShutterstock.com – Pixabay. Wiki Commons. iama_sing
DisclaimerThis article serves informational purposes. It does not constitute an offer, solicitation, or recommendation of companies, products or services. Bitcoin.com doesn’t offer investment, tax or legal advice. The author and the company are not responsible for any loss or damage caused or alleged caused by the content or use of any goods, services, or information mentioned in the article.
