Terra CEO Do Kwon on the Run, Says South Korean Prosecutors, Ask Interpol to Issue Red Notice

September 19, 2022

Reading Time: 2 minutes

As opposed to Terra CEO Do Kwon’s claim last week that he is not on the run, South Korean Prosecutors have refuted the claim, and are currently in the process of issuing a red notice on him through Interpol.

Beyond providing educative content and keeping ParadiseFamily up to date of the events in the crypto space, MyCryptoParadise dispenses to traders and investors personal trading signals in our ParadiseFamilyVIP, our Paradise Team is a group of experts with more than 6 years of experience in trading cryptocurrency, we make daily analyses of Bitcoin, Ethereum, and other popular altcoins, make the necessary adjustment on our positions to ensure it conforms with the recent market conditions.

What makes us unique? 

Our uniqueness is in the deep understanding of markets, we are a professional trading company that offers both free and VIP membership to crypto traders and investors, and being able to follow every market event 24 hours, we have been positioned on the winning side of crypto traders, join our ParadiseFamilyVIP on Binance, OKX, Kucoin, Bitmex, and Bybit today, you’ll get life-changing information in cryptocurrency.

Here is what makes it juicier, you can get a 20% discount on your premium membership today, use PRO20% as your promo code before it expires, and click here for reviews from happy clients.

Seoul Southern District to Add Do Kwon to Interpol Red Notice

Time seems to be running out for Do Kwon as the Seoul Southern District Prosecutors’ Office said on Monday that it has begun the process of adding him to the Interpol red notice, a move that will see Do Kwon wanted in more than 195 countries across the globe.

“We have begun the procedure to place him (Do Kwon) on the Interpol red notice list and revoke his passport,” the office said, according to a report by Financial Times on Monday.

Should the South Korean prosecutors successfully place Do Kwon on the Interpol red notice, it would mean that authorities from the intergovernmental organization’s member countries will be alerted and asked to find and arrest him ahead of possible extradition.

Last week, a South Korean court issued an arrest warrant on Terra CEO along with five others for violating the capital market rule, an event that resurrected the dying TerraUSD collapse issue in the crypto community.

Also, on Saturday, Singapore police released a statement that Kwon had left the country, a release that he responded to through his social media handle that he is not on the run, he added that himself together with his colleagues have been cooperating with the authorities on any investigation regarding Terra crash.

“We are in the process of defending ourselves in multiple jurisdictions – we have held ourselves to an extremely high bar of integrity, and look forward to clarifying the truth over the next few months,” he wrote. In response to Kwon’s statement, the prosecutors said that “it is clear that he escaped,”

The recent move by the South Korean prosecutors makes it obvious that Kwon is likely to face repercussions for his role in the collapse of TerraUSD and its entire ecosystem.

Join our telegram channels where we share our FREE updates and analysis on coins like BTC, ETH, and other trending altcoins. We also share our FREE secret insights, and FREE market updates.

0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments

Start earning profit

We aim to provide our ParadiseMembers with as much information as we can to ensure to maximize long-term profit, no matter if we are in a bullish or bearish market. We are a large scale cryptocurrency community providing you with access to some of the most exclusive life changing cryptocurrency signals, analysis, guidance and much more

Trade crypto like a pro

Related Posts…