The global law enforcement agency, the International Criminal Police Organization (Interpol), issued the notice to Terraform Labs co-founder Do Kwon just weeks after South Korean authorities issued an arrest warrant for him.
The Red Notice allows South Korea to obtain help from global law enforcement agencies in locating and “temporarily arresting [arresting] a person pending extradition, surrender or action.” similar legislation.”
Global Manhunt for Terraform Labs CEOs
Just weeks after South Korean authorities issued arrest warrants for Do Kwon and his associates, global law enforcement agency Interpol said it had issued a notice. red for the co-founder of Terraform Labs. The announcement comes after reports that Kwon does not reside in Singapore as South Korean authorities initially thought.
According to Interpol, red notices “are issued to fugitives who are prosecuted or convicted.” The Red Notice allows South Korea to obtain help from global law enforcement agencies in locating and “temporarily arresting [arresting] a person pending extradition, surrender or action.” similar legislation.”
Do Kwon’s Silence
As reported by Bitcoin.com News, South Korean prosecutors accused Kwon and five other affiliates of Terraform Labs of violating the country’s capital markets laws. Kwon also faces other charges that prosecutors have not disclosed.
In his initial response to reports that South Korean authorities had issued a warrant for his arrest, Kwon asserted in a September 17 tweet that he was not on the run. Instead, he stated that he was working with “any government agency that shows an interest to communicate.”
Terraform Labs executives have not yet responded to reports that Interpol has issued a red notice. Early this afternoon at 1:05 pm. (ET), Kwon responded to a tweet saying, “[Do Kwon] where are you hiding your fame?” Kwon replied that he was “coding” in his “living room” and added that everyone should come visit and they should have a cigarette soon.