Terra co-founder Do Kwon says he's not 'on the run'

Kwon did not reveal his whereabouts in a series of tweets responding to allegations that he fled Singapore after a warrant arrest warrant was issued on Wednesday.

Do Kwon, the co-founder of the Terra ecosystem, took to Twitter on Saturday saying he was "not 'on the run' or anything like that" after police in Singapore (SPF) said Kwon is not in the city-state.

On September 14, South Korean authorities issued an arrest warrant for Kwon and five other associates for alleged violations of the country's financial market laws. All were known to be in Singapore at the time, with prosecutors also attempting to revoke their passports a day later on September 15.

"To any government agency that has expressed interest in communicating, we are fully cooperating and have nothing to hide," Kwon tweeted.

I'm not "on the run" or anything similar - for any government agency that has expressed interest in communicating, we are in full cooperation and we do not we have nothing to hide

Kwon did not reveal his whereabouts, saying the crypto Twitter "didn't have to know my GPS coordinates." He added that they are defending themselves in "multiple jurisdictions" and look forward to "clarifying the truth over the next few months".

We are defending ourselves in multiple jurisdictions - we have held ourselves to an extremely high bar of integrity and look forward to clarifying the truth over the coming months< /p> — Do Kwon (@stablekwon) September 17, 2022

Singapore does not have an extradition treaty with South Korea, but the SPF said it would assist Korean authorities within the framework of its national laws and international obligations and did not provide any other details.

In May, the Terra ecosystem co-founded by Kwon experienced arguably the biggest crash in cryptocurrency h...