Interpol seeks arrest of Terraform founder Do K

Interpol has issued a red notice for Do Kwon requesting law enforcement agencies worldwide to locate and arrest the founder of Terraform Labs, who is accused of fraud over the company's $40 billion collapse.

Earlier, the South Korean prosecutors appealed to Interpol with a request to place Do Kwon on the red notice list and asked the foreign ministry in Seoul to revoke his passport, saying that Do Kwon was "on the run."

The blockchain founder denied that he is hiding, but did not disclose his whereabouts.

Prosecutors have also issued arrest warrants for five other people, whose names have not been named, linked to the TERRA stablecoin and LUNA token.