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Wanted and stubborn? Do Kwon: I didn’t hide, I went out for a walk!

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Wanted and stubborn? Do Kwon: I didn't hide, I went out for a walk!

Terra founder Do Kwon is currently wanted by the South Korean authorities. Although his whereabouts are unknown, he still tweeted that he did not deliberately avoid being pursued, and that he has gone out for walks and shopping malls “in the past few weeks”. Even though he is “upright”, he does not reveal which country he is in.

Seoul prosecutors said yesterday (26) that Interpol had issued a “red notice” against Do Kwon, asking law enforcement agencies around the world to assist in the search for Do Kwon suspected of violating the Capital Markets Act and other crimes, and to extradite him back to his home country. conduct judicial trials.

In a short period of time, the news spread widely in the cryptocurrency community. Since Do Kwon disappeared after leaving Singapore, although he posted a document denial of fleeing and said he would cooperate with the investigation, his whereabouts are still unknown. Special netizens can’t help but wonder “Where is Do Kwon hiding?”

However, what is even more surprising is that at this juncture, Do Kwon actually responded to a Twitter user’s post, saying, “I’m writing a program in the living room”, and someone later reminded, “If you post on your phone, they must know that you are there. What.” Unexpectedly, Do Kwon said more confidently after seeing it,

Yeah, as I said, I’m not hiding at all, I’m going for walks, going to the mall, and it’s impossible that no one has seen me over the past few weeks.

When another netizen asked what he thought about the “red notice”, Do Kwon argued that he did not see his own name on the wanted list, seemingly refusing to accept the fact that he was wanted.

In fact, there are two types of “red notices”, the first is to publicly display information on wanted criminals on the Interpol website, and the second is to limit the sharing of information within law enforcement agencies only.

According to CoinDesk Korea, South Korean prosecutors found that as many as 3,313 bitcoins were transferred from Luna Foundation Guard (LFG) wallets to two wallets shortly after Do Kwon’s arrest warrant was issued on September 14. Cryptocurrency exchanges outside South Korea with a total value of approximately $66.59 million.

A joint investigation by CoinDesk Korea and on-chain data company CryptoQuant found that LFG’s Binance wallet was created on September 15th, and within three days after that, 3,313 bitcoins in LFG’s Binance wallet were separately collected. Transfer to Kucoin (1,354) and OKX (1,959).

The report pointed out that 1,354 bitcoins transferred to Kucoin have been frozen by South Korean prosecutors, but another 1,959 bitcoins may have been transferred to another exchange because OKX ignored South Korean prosecutors’ demands to freeze assets.

At present, South Korean prosecutors are closely investigating the transfer of funds by Do Kwon and LFG, including the possibility that the transferred bitcoin may be used for money laundering, hiding and escape.

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