South Korea seeks Interpol red notice for Terra crypto founder

South Korean prosecutors have sought Interpol to issue a red notice for Terra cryptocurrency founder Do Kwon (pictured) after he refused to cooperate with a probe into its US$40 billion collapse. – Facebook pic, September 20, 2022.

SOUTH Korean prosecutors have asked Interpol to issue a red notice for Do Kwon, the founder of failed cryptocurrency Terra, saying he was refusing to cooperate with their probe into its US$40 billion (RM182 billion) collapse.

An official from the Seoul Southern District Prosecutors’ Office told AFP today that they had asked authorities to cancel Kwon’s South Korean passport, saying that he was clearly “on the run”. We have begun the procedure to place him on the Interpol red notice list and revoke his passport,” the official said, adding that Kwon had told investigators through his lawyer that he would not cooperate.

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