Sources have knowledgeable us of a pending worldwide police (Interpol) world ‘pink alert’ to be issued shortly for the search and seize of Do Kwon, the co-founder of the failed cryptocurrencies terraUSD (UST) and Luna (LUNA), whose whereabouts are at the moment unknown after shifting from Singapore, the place he was evading South Korean justice.
The Interpol safety forces embrace a complete of 195 member international locations with cooperating legislation enforcement officers.
Kwon is indicted in South Korea and presumably wished internationally for numerous crimes, together with investor fraud, cash laundering and tax evasion and evade taxes…
To the crypto world, he’s answerable for a large lack of investor funds, thought of the occasion that began this 12 months’s bear market.
At the time of publishing, Do Kwon’s profile has not but been listed on the official Interpol wished web page. However, if correct, he would grow to be a part of a listing of seven,152 pink alerts which might be at the moment lively.
His most up-to-date assertion confirmed he was nonetheless struggling to just accept actuality…
9 days in the past, he denied that he was on the run and that he was on the order of “any government agency” that desires to speak with him. “We are very cooperative and we have nothing to hide,” Kwon mentioned.
South Korean officers rebutted the assertion, saying he ‘clearly’ is evading authorities.
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