Interpol has issued a red notice for Do Kwon, requesting law enforcement agencies worldwide to locate and arrest the Terraform Labs founder whose blockchain startup collapsed earlier this year and wiped out investors’ $40 billion.
“Having met Do Kwon … leaving how he is a person aside … I think the criminalization of Terra is a dangerous precedent,” said Haseeb Qureshi, Managing Partner of crypto investment fund Dragonfly, on a recent podcast.
They requested Interpol, the global police organisation, to issue a red notice for Kwon earlier this month.
Kwon, with approval from the Terraform community, revived the crypto project but has avoided the so-called algorithmic stablecoin component for now.
The crash of LUNA token also contributed to the wipeout of Three Arrows Capital, once a high-profile crypto hedge fund.
Stocks in the news
Harsha Engineers, BPCL, Coal India, Redington India and Britannia.
mobilenewspepar.com.
MobileNewspeparhttp