Report: South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon

Report: South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon


A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the country’s capital markets law. In addition to the arrest warrant, prosecutors will reportedly request an Interpol red notice for the Terraform Labs chief executive officer.

Terraform Labs Executives Accused of Violating South Korean Capital Markets Law

Prosecutors in South Korea have reportedly issued an arrest warrant for Terraform Labs co-founder and chief executive officer Do Kwon. The prosecutors allege that Kwon and five other Terraform Labs affiliates, among other charges, violated the country’s capital markets law.

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Choi Sung-kook, a prosecutor at the Seoul Southern District Prosecutors’ Office, is quoted in a report by Forkast News

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