Crypto writer behind $60 billion crash claims he is now no longer hiding following Interpol caution

Terraform Labs CEO Do Kwon keeps he is now no longer at the run from South Korean police in spite of an global arrest request.

Kwon's enterprise created the algorithmic stablecoins terraUSD or UST and luna, which had been valued $60 billion and imploded in May.

Ultra-bullish hedge fund Three Arrows Capital turned into amongst the ones uncovered to terraUSD and luna.

Since this month, South Korea has desired Kwon's arrest. Prosecutors say Kwon is hiding. Interpol has issued a "Red Notice" for Kwon, in keeping with the Seoul Southern District Prosecutors' Office.

Interpol troubles Red Notices for fugitives searched for prosecution or sentencing. The caution asks police enforcement international to understand the suspect. Extradition would possibly result.

Kwon tweets from Singapore. The Singapore Police Force says Kwon wasn't in Singapore in advance this month.

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