A South Korean court on Wednesday issued an arrest warrant for Kwon.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.” “SPF will assist the Korean National Police Agency within the ambit of our domestic legislation and international obligations,” said the brief statement, which gave no further details.
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.