South Korean prosecutors continue their pressure on Terraform Labs following the fiasco that took place earlier this year.
This time, the authorities have managed to freeze a whopping 56 billion won (worth around $39.4 million) in assets that are tied to Do Kwon.
We have begun the procedure to replace him on the Interpol red notice list and revoke his passport… We are doing our best to locate and arrest him… He is clearly on the run as his company’s key finance people also left for the same country (Singapore) during that time.