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BREAKING SOUTH KOREA: Interpol Issues Red Notice for Terra’s Do Kwon after $60-billion ‘ Cryptocurrency ‘ wipeout

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#AceBreakingNews – Kwon’s Terraform Labs ecosystem suffered a $60 billion wipeout Prosecutors in his native South Korea sought his detention according to Bloomberg News by 26 September 2022, 09:10 BST

Do Kwon in Seoul in April.
Bloomberg News Do Kwon in Seoul in April.Photographer: Woohae Cho/Bloomberg

South Korea said Interpol requested law enforcement worldwide to locate and arrest Terraform Labs co-founder Do Kwon, who faces charges related to the $60 billion wipeout of cryptocurrencies he created.

Prosecutors in Seoul said Monday in a text message that the international police organization has issued a Red Notice for Kwon, the latest inglorious chapter of a $2 trillion rout in digital assets that exposed hugely risky practices. Neither Interpol, Kwon nor Terraform Labs immediately replied to emails seeking comment.

Bloomberg News

#AceNewsDesk report ………..Published: Sept.25: 2022:

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