LUNA Founder Do Kwon Wanted By Korea, Soon Interpol

Terraform Labs founder Do Kwon is not in Singapore, local police say. Accused of fraud after the collapse of cryptocurrencies luna and terrausd, he is wanted in South Korea after a court issued an arrest warrant for him. However, Kwon insists that he is not “on the run.” Police Say Do Kwon Isn’t in Singapore The Singapore police force (SPF) reportedly said on Saturday that Terraform Labs founder Kwon Do-hyung, also known as Do Kwon, is currently not in the city-state. In an email response to an inquiry by the AFP, the police said: Do Kwon is currently....

The global law enforcement agency the International Criminal Police Organization (Interpol), issued a notice for Terraform Labs co-founder Do Kwon just a few weeks after a warrant for his arrest was issued 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 CEO Just a few weeks after South Korean authorities issued an arrest warrant for Do Kwon and his....

Official records show Do Kwon dissolved Terraform Labs Korea, closing down its headquarters and sole branch just days before the collapse of terra crypto (LUNA) and stablecoin terrausd (UST). Do Kwon Shut Down Terraform Labs Korea Before UST and LUNA Fallout Terraform Labs founder Do Kwon reportedly closed down his company in Korea days before the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). According to South Korea’s supreme court registry office, Terraform Labs Korea decided to dissolve its Busan headquarters and Seoul branch at the general shareholders....

Early hours of Monday, September 26, Interpol issued a Red Notice against the founder of Luna Classic, DO Kwon. This issuance resulted from Do Kwon losing more than $60 billion in investors’ wealth.  The prosecutors in South Korea explained that Kwon is facing charges for the erosion of investors’ money. In addition to his charges, Do Kwon stands accused of violating the ‘Capital Markets Law,’ with multiple breaches cited.  Related Reading: Bitcoin Shows Resilience In Dollar-Driven Bloodbath | BTCUSD September 26, 2022 This issue has created conversations in the crypto market....

The UST Restitution Group is on Do Kwon’s tail. A few governments and this civilian group are all out looking for the Terra creator, who insists that he’s not on the run. The Terra/ Luna collapse was one for the books, and that book is still open. We will write many more headlines about Do Kwon, and probably a few about the UST Restitution Group also. What’s done is done, some might say, but others will not rest until the case involves a court.  Related Reading: Are There Any Chances Of Terra UST Victims Getting Refunded? Let’s Find Out In the FT article menacingly titled “Retail investors....