According to Interpol, red notices are 'issued for fugitives wanted either for prosecution or to serve a sentence.' rednotice lawenforcement
issued a red notice for the Terraform Labs co-founder. The issuing of the notice follows reports that Kwon is not residing in Singapore as Korean authorities initially thought.
According to Interpol, red notices are “issued for fugitives wanted either for prosecution or to serve a sentence.” The red notice enables South Korea to receive help from global law enforcement bodies in locating and “provisionally arrest[ing] a person pending extradition, surrender, or similar legal action.”As reported by Bitcoin.com News, South Korean prosecutors accuse Kwon and five other Terraform Labs affiliates of violating the country’s capital markets law.
In his initial response to reports that Korean authorities had issued an arrest warrant for him, Kwon insisted in a September 17 tweet that he was not on the run. Instead, hethat he was cooperating with “any government agency that has shown interest to communicate.” The Terraform Labs chief executive officer has not issued a response to the reports that show Interpol has issued a red notice. Earlier this afternoon at 1:05 p.m. , Kwon responded to a tweet that
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