Law enforcement is looking for Do Kwon, who is allegedly no longer in Singapore..
Terraform Labs founder Do Kwon has reiterated that he is not hiding from authorities. This time, after South Korean prosecutors revealed that Interpol’s “red notice” was directed at surrounded South Korean citizens.
But despite South Korean police saying Kwon is on the run, he has come out to deny these reports albeit out of the comfort of just appearing on Twitter.
Mr. Kwon insists that “no effort to hide”
It’s been months since cryptocurrency Terra Luna and stablecoin Terra USD (UST) fell to zero, marking one of the biggest negative events for cryptocurrencies in 2022.
The contagion behind projects such as crypto hedge fund Three Arrows Capital dead and crypto lenders Celsius Network and Voyager Digital going bankrupt has heightened the impact on crypto investors. It has also increased the regulatory focus on the industry.
Do Kwon decided to go into hiding, even though he recently resurfaced. to object He claims he was fleeing law enforcement.
On Monday, he tweeted again about himself being around, unwilling to reveal where he was. In reply to one tweet, he said:No effort was made to hide
In fact, he went for walks and shopping malls and wondered why no one ran into him on cryptocurrency Twitter.
Yeah, like I said, I made no effort to hide
I go for walks and malls but none of the CT’s have run into me for the past few weeks
Do Kwon (@stablekwon) September 26, 2022
He also appeared to be disrespectful of Interpol’s arrest warrant reports, and tried searching for a red notice by his name, but was unable to find it on Interpol’s website.
For anything that has notice in its name, it certainly does not
I tried to search here but found nothing: https://t.co/SuX3aIu6r6
Do Kwon (@stablekwon) September 26, 2022
A Twitter user pointed out that Kwon is the founder of Terraform Labs by trying to show that he had no “notice” being arrogant. responded:
“I’m literally just passing on the results of publicly available internet search queries.I don’t know what part of it represents arrogance
But he knows that Interpol’s website doesn’t list all the names of wanted criminals.