Crypto founder behind $60 billion collapse says he is not hiding after Interpol issues arrest notice

2 years ago 97

Do Kwon, co-founder and main enforcement serviceman of Terraform Labs, insists that helium is not connected the tally from South Korean authorities. Meanwhile, South Korean prosecutors assertion that Interpol has issued a "Red Notice" for the apprehension of Kwon. Terraform Labs, the institution that Kwon founded, is down the collapsed cryptocurrencies terraUSD and luna, which combined were worthy $60 cardinal earlier they crashed.

Woohae Cho | Bloomberg | Getty Images

South Korea has been seeking Kwon's apprehension since earlier this month. But prosecutors successful the state person alleged Kwon is connected the run. On Tuesday, a spokesperson for the Seoul Southern District Prosecutors' Office successful South Korea's superior metropolis told CNBC that planetary instrumentality enforcement bureau Interpol has issued a "Red Notice" for Kwon.

Red Notices are issued for fugitives wanted either for prosecution oregon to service a sentence, according to Interpol. The announcement is simply a petition to instrumentality enforcement worldwide to find and apprehension the idiosyncratic successful question. This could past pb to an extradition.

Kwon, however, said helium was not connected the run, utilizing his Twitter relationship to deed backmost astatine authorities.

"I'm penning codification successful my surviving country hbu," Kwon tweeted successful reply to idiosyncratic asking astir his whereabouts.

Kwon insisted helium is making "zero effort to hide" saying helium goes connected walks and to malls.

Kwon besides said helium does not spot his sanction connected Interpol's "Red Notice" list. The bureau does not ever marque these notices public.

Seoul Southern District Prosecutors' Office sees Kwon arsenic still being connected the run, the spokesperson told CNBC.

Kwon's Twitter determination says helium is successful Singapore. But earlier this month, the Singapore Police Force said that Kwon was not successful the city-state.

The South Korean prosecutors said the intent of the Red Notice is to find Kwon, bring him backmost to South Korea and past officials volition determine wrong 48 hours whether to contented an apprehension warrant for him.