Do Kwon, a co- founder of Terraform Labs, has insisted that he is not on the run after the collapse of the TerraUSD stable coin, but he is thought to be a fugitive by the police. According to The New York Times, South Korean prosecutors said that Interpol had issued a "red notice" asking for help in finding and arresting Kwon.
Red Notices are issued for fugitives wanted either for prosecution or to serve a sentence. A Red Notice is a request to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action.
Earlier this month, South Korea issued a warrant for the arrest of Kwon and five other people, and prosecutors believed they were all in Singapore. The Financial Times reported last Monday that the South Korean prosecutors had asked for a red notice to be issued by the international police organization.
He has maintained that he isn't trying to get away. On September 17th, he said that he was not on the run. He said that he is making zero effort to hide after reappearing on the social networking site. It is possible that Kwon is more difficult to find than he may have let on.
The majority of red notices are not made public, according to the press office. There are public notices on the website. A request for comment was not responded to by Terraform Labs.
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