Interpol Red Notice Issued for Do Kwon

I

nterpol has reportedly issued a red notice for Do Kwon.

Do Kwon, founder of the now defunct blockchain startup Terraform Labs, is wanted by Interpol after his company collapsed earlier this year and wiped out $40 billion in investments.

In recent weeks, South Korean prosecutors have upped the pressure on Kwon, accusing him this month of "not cooperating," "obviously on the run," and ignoring a summons for questioning.

Kwon has been sought for extradition by South Korea since earlier this month, a development that drove many investors out of their Luna token investments.

Jonathan

An editor at Coincrop

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Jonathan is a Coincrop staff writer based in the UK, covering the best rates for cryptocurrency earning and borrowing products. When not at work, he's likely sailing.