The Financial Times is reporting that authorities in South Korea are said to be asking Interpol to issue a ‘red notice’ for Terraform Labs co-founder Do Kwon, as his current location is unknown.
A red notice is a request for law enforcement worldwide to locate and arrest the named individual and hold them until extradition proceedings can commence. If issued the notice would go out to member police forces in 195 countries worldwide.
Interpol did not respond to a request for comment from CoinDesk by press time.
On Saturday, the Singapore Police Force confirmed to the press that Kwon was no longer in the city-state as was believed earlier.
While Kwon is a South Korean national, it is not known if he holds a second or third nationality.
Kwon tweeted that he is not on the run and is in “full cooperation” with authorities and has “nothing to hide.”
He also said that unless “we are friends, have plans to meet, or are involved in a GPS-based Web3 game you have no business knowing my GPS coordinates.”
Sign up for Market Wrap, our daily newsletter explaining what happened today in crypto markets – and why.
Please note that our
do not sell my personal information
has been updated
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
strict set of editorial policies.
CoinDesk is an independent operating subsidiary of
which invests in
As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of
which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG