Where is Do Kwon? Terra Luna's Boss Makes Claims He’s Not on the Run from the Law

Do Kwon, founder of now-defunct blockchain company Terraform Labs, has broken silence approximately the current warrant authorizing his arrest, claiming that he isn't always at the run from the law.

A court in South Korea issued an arrest warrant for Do Kwon closing week Wednesday, as reports recommended. Besides Do Kwon, the warrant permits the arrest of 5 different people affiliated with Terra. According to the court docket, Do Kwon and his companions violated the provisions of the Capital Market Act of South Korea.

While numerous proponents, in particular the whole lot of Crypto Twitter, believe Kwon is now eluding the authorities, the Terra boss has come up to dispel such beliefs. 'I am no longer "on the run" or something similar," Kwon said in a tweet Saturday, 3 days after reviews of the arrest warrant surfaced.

Speaking in addition, Kwon mentioned that he and his crew are ready to discuss with relevant government in search of to talk. According to him, they are willing to cooperate with the needs of the authorities because they "do not have something to hide."

Nonetheless, regarding his whereabouts, the Terra boss has remained mum on the matter, citing privacy issues. He stated that his whereabouts will most likely be revealed to people who are his friends, with whom he plans to meet, or with whom he plays a GPS-based Web3 sport. 

Singaporean authorities are willing to work with South Korea, but Kwon might no longer be in the country.

The warrant became the primary ever respectable authorization for the arrest of the Terra boss because of the Terra debacle, which brought about investor losses to the tune of tens of billions of dollars.

Recall that, last month, at some point of his first ever reputable interview following the Terra crash, Do Kwon remarked that he had changed to cooperating with the authorities. Furthermore, Kwon mentioned that he had moved to Singapore but could no longer reveal his genuine whereabouts.

A day after the warrant became public, reviews surfaced, suggesting that the South Korean government had been trying to revoke Kwon's passport. According to a neighbourhood information outlet, Dan Seong-han, the director of the Seoul Southern District Prosecutor's Office, filed a request with the South Korean Ministry of Foreign Affairs, asking for the revocation of Kwon's license, amongst five others.

Should Kwon's passport get revoked, the 31-year-old developer could preserve the popularity of an "unlawful alien" in Singapore if he has no other passport. Additionally, regardless of now not having any kind of extradition treaty with South Korea, Singaporean authorities have indicated interest in helping South Korea in the case against Kwon.

Notwithstanding, it appears Kwon may now not be in Singapore. The Singapore Police Force stated Saturday that the Terra CEO was not inside the United States of America.