Interpol (International Criminal Police Organization) has issued a red notice to Terraform Labs founder Do Kwon.
According to Bloomberg, South Korean prosecutors have asked Interpol to locate and arrest Do Kwon, who is facing charges related to the $40 billion cryptocurrency wipeout. Earlier this month, a Seoul court issued an arrest warrant for five others, including Do Kwon, on charges of violating the country’s Capital Markets Act. Previously, South Korean prosecutors accused Do Kwon, who is currently on the run, of refusing to cooperate. Do Kwon, on the other hand, took to Twitter on September 17 and stated that the firm is fully cooperating.
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Interpol (International Criminal Police Organization) has issued a red notice to Terraform Labs founder Do Kwon.
According to Bloomberg, South Korean prosecutors have asked Interpol to locate and arrest Do Kwon, who is facing charges related to the $40 billion cryptocurrency wipeout. Earlier this month, a Seoul court issued an arrest warrant for five others, including Do Kwon, on charges of violating the country’s Capital Markets Act. Previously, South Korean prosecutors accused Do Kwon, who is currently on the run, of refusing to cooperate. Do Kwon, on the other hand, took to Twitter on September 17 and stated that the firm is fully cooperating.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
