Wanted crypto founder Do Kwon says 'not on the run'

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SINGAPORE: Do Kwon, the wanted South Korean founder of the failed cryptocurrency Terra, denied Sunday (Sep 18) he was on the run after the Singapore Police Force (SPF) said he was not in the

founder of the failed cryptocurrency Terra, denied Sunday he was on the run after the Singapore Police Force said he was not in the city-state as had been believed.

Kwon's whereabouts have been thrown into question after the SPF statement, and his tweets did not reveal where he was.Early Sunday he said on Twitter:"I am 'not on the run' or anything similar", but did not reveal where he was. "We are in the process of defending ourselves in multiple jurisdictions ... and look forward to clarifying the truth over the next few months."

South Korean prosecutors have also issued arrest warrants for five other people - who were not named - linked to stablecoin TerraUSD and its sister token Luna.

 

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