Do Kwon, founder of Terraform Labs, seems to be in a dilemma again. According to the US Financial Times, South Korean prosecutors have required Interpol to issue a red notice accusing Kwon of refusing to cooperate with prosecutors in the investigation
Is the whereabouts of Quan still unclear
South Korean prosecutors have strengthened the policy of arresting Do Kwon, founder of Terraform Labs. A report released by the Financial Times of the United States briefly described how the ROK government now requires Interpol to issue a red announcement to Kwon
It is reported that the Seoul Public Prosecutor Company Office of South Korea has already started the necessary procedures and processes to incorporate fight rights into the Interpol's red early warning radar
Interpol announced the release of a red notice, which is called the release of international alerts in countries around the world to transmit relevant data on crimes and the pursuit of criminals. If this requirement is found to be the driving force and approved, it is reported that Interpol will re plan its network resources to locate the track right
Although people think that Tao Quan is running away now, Terra's founder has released a variety of responses based on Twitter, refuted some accusations and denied that Tao Quan has run away
"I am not running away or something like that - for any government department interested in communication, we have been working with all our strength, and we have nothing to hide... We just have several jurisdictions to defend ourselves - we have always maintained a very high standard of honesty and trustworthiness, and look forward to responding to the truth in the coming months." Kwon Twitter
The Luna data encryption crash in May, followed by the stable loan currency UST off the peg, is known as one of the most serious digital currency crashes in history.
The collapse caused damage to investors' assets worth 42 billion US dollars, and played a vital role in making Dao Quan subject to intermediate judicial review. After the plane crash, Daoquan was involved in several prosecutions, accusing him of derailment and deceptive data encryption activities. This trend of development of the situation has led South Korean prosecutors to strengthen the scope of action against Kwon's arrest, and recently issued an arrest warrant for Do Kwon.