Terra network token in May Terra (Luna) and stablecoin at TerraUSD (UST) There was a great collapse.
After this collapse, Terraform Labs and its founder in South Korea Do KwonNumerous investigations have been launched against
As part of these investigations, the court issued an arrest warrant for Do Kwon and five others for violating the Capital Markets Law and requested extradition from Singapore.
Singapore police confirmed that Do Kwon was not in Singapore, while Do Kowon said that his tweets were not leaked.
But right now, prosecutors are working to find out Do Kwon’s whereabouts and are working with international agencies to arrest him.
According to the report of Financial, South Korean prosecutors, Terra founder Do KwonAlthough he said that he is not a fugitive, his whereabouts are not known at the moment. InterpolHe asked to issue a red notice for Do Kwon.
Do Kwon defies arrest warrant “that he did not run away, that he was in full co-operation with the authorities and had nothing to hide” told.
Do Kwon’s May Terra-LUNA Indicating that he has been on the run since his collapse, prosecutors said Do Kwon did not cooperate with the investigations and they have evidence that he tried to escape.
A red notice is a request by law enforcement agencies around the world to locate and arrest the person named and hold him until extradition proceedings begin.
If a red notice is issued about Do Kwon, it will be sent to law enforcement agencies in 195 countries around the world.
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