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Terra founder Do Kwon faces heat; Interpol issues red notice

Shortpedia

Content Team
Image Credit: Forkast)

Do Kwon, the founder of Terraform Labs, became notorious after his blockchain start-up collapsed and wiped investments to the tune of $40 billion. Interpol has now issued a red notice for the South Korean national. He is facing charges of fraud in South Korea. The notice was issued after Korean prosecutors sought Interpol's help in tracing the fugitive's whereabouts.