Summary:
- The founder of Terra, Do Kwon, has stated via Twitter that he is not hiding from authorities.
- He also claims that he could not find any red notice by Interpol through an internet search.
- South Korean prosecutors recently recommended that his passport be invalidated to force his deportation and return to the country.
Terra’s founder, Do Kwon, has stated via Twitter that he is not running away from authorities. Mr. Kwon made the world aware that he was not hiding through a Twitter conversation with a fellow crypto Twitter community member who asked why he was hiding.
In his response, Do Kwon stated that he was in his living room writing code and could not find the red notice issued by Interpol on the internet. A screenshot of the conversation can be found below.
I Go On Walks and Malls – Do Kwon
In another response to another tweet pointing out that authorities can locate him since he uses an iPhone, Do Kwon responded that he was making zero effort to hide. He said:
Yeah as i said im making zero effort to hide
I go on walks and malls, no way none of CT hasnt run into me the past couple weeks
South Korean Authorities Had Requested his Passport be Nullified
Do Kwon is currently wanted in his home country of South Korea regarding investigations into the collapse of LUNA and UST that caused significant losses to investors globally. Do Kwon and five other individuals currently have arrest warrants in the country.
Prosecutors in South Korea recently requested the country’s foreign ministry to void his passport to possibly kickstart the process of his deportation from Singapore.
However, Singaporean authorities have since stated he is not in the country, further hinting that Do Kwon is indeed running away from authorities.
It Could be a Tough Road to Find Do Kwon Guilty of Anything
Kim Hyoung-Joong, head of the Cryptocurrency Research Center at Korea University, told the Financial Times that ‘Prosecutors are keen to punish him as an example, but it is a different matter if he will actually be found guilty in court.’
In addition, ‘There has been no legal precedent in South Korea where crypto investments were seen as an investment contract, as claimed by prosecutors.’
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