- Do Kwon has been alleged to be "on the run" over the past few days, leading to Interpol issuing a worldwide arrest warrant for him.
- Terra's co-founder refuted all allegations, stating he has been writing code in his living room.
- In the wake of this turmoil, LUNC managed to sneak a 33.34% rally over the last 24 hours.
Terra does not seem to be leaving the headlines anytime soon despite the debacle now turning almost five months old.
The collapse of the ecosystem, which triggered a market-wide crash and losses amounting to millions of dollars, led to all guns being pointed at Do Kwon, Terra's co-founder. The creator is now also the subject of an Interpol Red Notice.
But Do Kwon is living a normal life
Following the South Korean prosecutors' request, Interpol issued a worldwide arrest warrant this week, also known as a "red notice", in the name of Do Kwon. A red notice is usually a request from Interpol to the local law enforcement authorities to locate and provisionally arrest a person pending extradition, surrender, or similar legal action.
These warrants are usually subjected to individuals who are "on the run" from the authorities. However, on his Twitter, Do Kwon addressed these allegations and stated that he has been making zero effort to hide from the authorities.
Replying to the same, Do Kwon further stated that he has been writing code in his living room and living a normal life by going to the malls and walking.
This isn't the first time Do Kwon has addressed such allegations. Earlier this month, he tweeted in response to the averments, clarifying his status.
I am not “on the run” or anything similar – for any government agency that has shown interest to communicate, we are in full cooperation and we don’t have anything to hide
— Do Kwon (@stablekwon) September 17, 2022