News > Interpol issues red notice for Terraform founder Do Kwon

Interpol issues red notice for Terraform founder Do Kwon

26/09/2022 02:11 PM | Click to read full article

Do Kwon, founder and CEO of Terraform Labs wiped out investors’ money worth $40 billion, is now wanted by Interpol which has issued a red notice for him on the accusation of Fraud following the massive collapse of the firm’s cryptocurrencies earlier this year.

South Korea’s financial authorities said about 280,000 investors were believed to be holding about 70 billion Luna coins as of late.

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