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Crime News

South Korean Prosecutors Say Do Kwon 'Obviously on the Run', Ask Interpol To Issue Red Notice (techcrunch.com) 10

South Korean prosecutors have refuted Do Kwon's claim from over the weekend that he is not on the run and asked Interpol to issue a red notice against the Terraform Labs' co-founder, escalating the publicly playing out drama following the $40 billion wipeout on his cryptocurrency startup in May this year. From a report: The Seoul Southern District Prosecutor's Office said that Kwon was not cooperating with the investigation and had told them (through his lawyer last month) that he had no intention to appear for questioning, according to official statements cited by local media Yonhap. The prosecutors have asked Seoul's foreign ministry to revoke Kwon's passport and said they have "circumstantial evidence" that Kwon is attempting to escape. An Interpol red notice, which is a call to law enforcement worldwide, can prevent individuals from being issues visas, restrict their cross border travels, and "provisionally arrest a person pending extradition, surrender or similar legal action." Over the weekend, Kwon claimed he was not on the run from any government agency that had "shown interest to communication." He added in a tweet: "We are in full cooperation and we don't have anything to hide."
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South Korean Prosecutors Say Do Kwon 'Obviously on the Run', Ask Interpol To Issue Red Notice

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