Do Kwon - Nairametrics

I am Not on the Run – Terra Co-Founder Do Kwon

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I am Not on the Run –  Terra Co-Founder Do Kwon:

In line with several reports indicating that South Korean authorities issued an arrest warrant for Terra’s co-founder, the latter has finally broke the silence, claiming he is cooperating with several global watchdogs and not on the run.

Terra Co-Founder, Do Kwon - Forkast
Terra Co-Founder, Do Kwon – Forkast

Still yet, Singaporean police said Kwon is not in the city-state despite different suspicions that he was hiding there.

Earlier reports from South Korea revealed that the authorities had issued an arrest warrant against the disgraced co-founder of the former crypto giant.

Later on, more reports surfaced suggesting that several prosecutors had requested the revoking of his passport.

This brought the perception that Kwon was hiding somewhere in Singapore.

However, these rumors were debunked by the local police, according to Reuters.

The local police noted in a statement that Kwon is not in the city-state but promised to assist their Korean colleagues in finding him.

Kwon, who has been mute on social media after the entire Terra fiasco, finally broke the silence on Saturday.

According to him, only certain people have the right to ask and know about his location.

Moreover, he claimed he was not on the run “or anything similar” as many suspected and that he and his team are actually “in the process of defending ourselves in multiple jurisdictions.”


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