Crypto - Latest update on Terraform labs
TERRA the most spoken crypto in 2022 is in the news again.
INterpol has issued a red alert on terraform Labs founder Do Kwon
He is accused of fraud to a tune of about $40 billion, due to Luna collapse.
He is being prosecuted in South Korea for fraud by floating a Ponzi scheme
Last month the prosecutors has issued a arrest warrant on Do Kwon.
But he has left South Korea a month before the Luna collapse to Singapore. So the prosecutors believed he in Singapore.
Today 26th September Singapore police has declared that Terraform Labs founder Do Kwon is not in the country.
South Korean prosecutors have informed INTERPOL to place a red notice on Do Kwon and cancel his passport.
Do Kwon has responded to the notice on twitter to deny any Run away and he is fully cooperating the investigation. But he needs privacy.
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