Interpol points “red notice” for Terra stablecoin co-founder Do Kwon


Kwon co-founded Terraform Labs whose stablecoin, TerraUSD, collapsed earlier this yr. | Illustration by Alex Castro / The Verge

Do Kwon, a co-founder of Terraform Labs, has insisted that he’s not on the run after the collapse of the TerraUSD stablecoin, however Interpol is seemingly underneath the impression he’s a fugitive. According to South Korean publication Yonhap and The New York Times, South Korean prosecutors mentioned that Interpol has issued a “red notice” asking for assist from worldwide legislation enforcement to search out and arrest Kwon.


Red Notices are issued for fugitives needed both for prosecution or to serve a sentence. A Red Notice is a request to legislation enforcement worldwide to find and provisionally arrest an individual pending extradition, give up, or related authorized motion.

Earlier this month, South Korea issued a warrant for the arrest of Kwon and 5 different…

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