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A cryptocurrency-focused lawyer named Jake Chervinsky expressed his displeasure on Twitter, saying, “Tera's damage to the perception of cryptos in the DC is immense.
The Terra co-founder allegedly fled to Singapore following the collapse of LUNA and UST, but police there have warned he is not in the city-state.
Interpol was requested to issue a red notice against the co-founder of Terraform Labs after South Korean prosecutors denied Do Kwon's claim that he was
Those who lost everything during the Terra crash have waited for justice a bit too long. They have had nothing to show for it.
The controversy surrounding Do Kwon's whereabouts continues to grow, given that South Korean prosecutors asked Interpol to issue a red notice against the Terraform Labs' founder.
The LUNC price is pumping again, up 15% this week and back in the five top crypto gainers today on Binance (ApeCoin tops the rankings).
South Korean prosecutors investigating Terra (LUNA) founder Do Kwon have reportedly asked Interpol to place a red notice on the crypto entrepreneur as his whereabouts remain unknown.
Less than a week after South Korean authorities issued an arrest warrant for the founder of TerraForm Labs, the company behind TerraUSD, the prosecutor's office is now seeking an Interpol red notice against Do Kwon.
South Korea has asked Interpol to issue a red alert notice for Terra's founder Do Kwon, Financial Times reported on Sept 19. The post South Korea upgrades wanted status of Terra founder Do Kwon, asks for red notice appeared first on CryptoSlate.
Do ‘Do-Run' Kwon is in the process of defending himself from an unknown location.
The last week has been one filled with activity for the founders of the now-defunct Terra network. From arrest warrants to accusations of evasion, Do Kwon and others have been in the thick of it recently.
Terra (LUNA) founder Do Kwon has denied that he is evading authorities despite statements from South Korean prosecutors claiming the contrary. Bloomberg recently reported that warrants were issued to Kwon and five others who were charged with violations of South Korea's capital markets law.
On September 14, Terra founder Do Kwon and five other individuals received an arrest warrant from the country's judiciary for violating capital markets law. This arrest warrant comes after the fall of the Terra network in May which pulled down the entire crypto market.
According to Interpol, there are currently 7,151 individuals publicly named on the agency's Red Notice list out of 69,270.
South Korean prosecutors have asked Interpol, an International Criminal Police Organization, to issue a red notice against Terra creator Do Kwon, whose whereabouts remain unknown, the Financial Times reported on Monday. A red notice requests law enforcement in 195 countries to locate and provisionally arrest a person for having them extradited to face a criminal charge(s).
Following findings that South Korean officials had granted a warrant of arrest for Terra's founder, he eventually made his statement, asserting he was collaborating with
The collapse of Terra (LUNA/USD) and its TerraUSD stablecoin project continues to feature in the latest crypto news nearly four months since the event (a $45 billion project just flushed down the drain) impacted millions of investors. To say the least, Terra heightened regulatory attention on the crypto industry amid further contagion the following months.
Do Kwon, the man behind the failed Terra project is wanted by authorities in South Korea and he is not in Singapore as they initially assumed.
With the Terra co-founder's current location a mystery, South Korean prosecutors have requested that Interpol issue a red notice.
South Korean prosecutors contradicted claims from Terra co-founder Do Kwon that he isn't on the run and asked Interpol to issue a 'Red Notice' against him. The post Terra Co-Founder Do Kwon Could Receive ‘Red Notice' After Reports Claimed he Fled Singapore appeared first on BeInCrypto.
Coinspeaker Terra Co-Founder Do Kwon Says He Is Not On Run
South Korean prosecutors have requested Interpol to issue a “Red Notice” against Terra founder Do Kwon as Singapore police confirmed he is no longer in Singapore. Earlier, the Prosecutors' Office denied Do Kwon's defense and claimed Do Kwon is “obviously on the run” and fails to cooperate with the investigations.
Do Kwon, the crypto developer behind failed stablecoin ecosystem Terra, addressed his legal problems in a candid tweet thread on Saturday
A Bloomberg report citing South Korean prosecutors assert that Do Kwon might be evading the investigation launched against him The Terra founder is not in Singapore as presumed earlier, raising questions on whether Do Kwon is allegedly on a run to evade legal probes initiated against him. South Korean prosecutors are not able to track the location of the Terraform labs founder Do Kwon after an arrest warrant was issued against him concerning the Luna crypto crash of May 2022.
