- Kwon denies that he has been evading the regulators.
- He claims that his name is not even found on the Interpol-wanted list.
- “Knowing the coordinates of my location is non of your business,” Kwon said.
Do Kwon, co-founder of Terraform Labs denied that he had been evading the regulators following a red notice alert issued by Interpol. Recently, Interpol issued a worldwide arrest warrant on Kwon due to the crash of LUNA and UST, native tokens of Terra. The crash resulted in the loss of $40 million of the investors’ money.
Amidst speculation and allegations, Kwon took to Twitter (NYSE:TWTR) to prove his innocence by stating that he wasn’t evading the regulators. In desperation to crawl out of this case, he argued that his name wasn’t even found on the wanted list of Interpol.
Yeah as i said im making zero effort to hideI go on walks and malls, no way none of CT hasnt run into me the past couple weeks
— Do Kwon (@stablekwon) September 26, 2022
Earlier this month, he revealed his location to be in Singapore. However, a few days later, authorities proclaimed he was no longer residing there. This substantiated their doubts that Kown might have dual citizenship, which eventually led to the question of whether he possessed another passport or not.
Nonetheless, among all the comments that Kwon made, one is worth noting, which he made while addressing Crypto-Twitter (CT) members.
Dear CT – I will tell you what I am doing and where I am if1) we are friends
2) we have plans to meet
3) we are involved in a GPS based web3 game
Otherwise you have no business knowing my GPS coordinates
Meanwhile, LUNA, Terra’s coin, which was soaring at $6.6 during the second week of September, nosedived to $ 2.6 from $4.2 on the same day, in mid-September.
However, since then, there have been minor variations to LUNA’s price, and it is currently (at the time of writing) changing hands at $2.7, according to CoinMarketCap.
Notably, Terra is up 30.83% in the last 24 hours. It ranks 98, with a live market cap of $343,625,745 USD.
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