“Prosecutors on Monday have made a request to Interpol for their assistance to locate Kwon, whose whereabouts remain unknown, and to have him handed over to Korea,” the prosecutor's office said in a text message shared with Bloomberg. Officials also confirmed that Terra co-founder is “obviously on the run” and was not cooperating with the investigation, which directly contradicts the claims Kwon made on Twitter a day before.
“We are doing our best to locate and arrest him,” a spokesperson for the prosecutor's office told the Financial Times. “He is clearly on the run as his company’s key finance people also left for the same country during that time.”
A red notice is typically issued for fugitives wanted either for prosecution or to serve a sentence. According to Interpol, such notice is “a request to law enforcement worldwide to locate and provisionally arrest a person pending extradition, surrender, or similar legal action.” It could take the agency a week to review the request from South Korea and issue the notice.
Do Kwon’s last known whereabouts were reportedly in Singapore, where Terraform Labs has its base, but local officials have recently confirmed that he’s no longer in the city. Do Kwon’s Singapore employment pass expires on December 7.
Meanwhile, South Korean authorities seek to revoke Do Kwon’s passport, which in theory obliges him to return to the country within 14 days of receiving a decision.