South Korean authorities ask Interpol to issue 'Red Notice' for Do Kwon: Report
South Korean prosecutors have reportedly requested Interpol intervene in their case against Terra co-founder Do Kwon by issuing a "Red Notice" — suggesting global law enforcement agencies may attempt to find and detain him.
According to a Monday report from the Financial Times, the Seoul Southern District prosecutors’ office said it had “begun the procedure” to place Kwon on Interpol’s Red Notice list following steps to revoke the Terra co-founder’s passport while he was in Singapore. Interpol’s website states that a Red Notice is requested by authorities “locate and provisionally arrest a person pending extradition, surrender, or similar legal action,” but the agency cannot compel local law enforcement to arrest the subject of such notice.
“We are doing our best to locate and arrest [Kwon],” a spokesperson for the prosecutors’ office reportedly said. “He is clearly on the run as his company’s key finance people also left for the same country during that time.”
Kwon has continued to be active on social media amid potential arrest and prosecution. Cointelegraph reported on Sunday that the Terra co-founder claimed he was “not ‘on the run’ or anything similar” but did not reveal his location — his Twitter account still showed him in Singapore at the time of publication. Reuters reported on Saturday that authorities in Singapore said Kwon was no longer in the country, having relocated there from South Korea in April.
Dear CT - I will tell you what i am doing and where i am if: 1) we are friends2) we have plans to meet3) we are involved in a gps based web3 game Otherwise you have no business knowing my gps coordinates
The ongoing saga with Kwon and Terra started in May when the project’s algorithmic stablecoin TerraUSD Classic
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