Luna Classic Adds Over 50% In 24H After Interpol's Red Notice Slammed Its Price

Early hours of Monday, September 26, Interpol issued a Red Notice against the founder of Luna Classic, DO Kwon. This issuance resulted from Do Kwon losing more than $60 billion in investors' wealth.

Timeline of Terra-luna-v2

Terraform Labs founder Do Kwon seemed to brush off the fact he is wanted by authorities. The post Terraform Labs Founder Do Kwon says he's ‘making zero effort to hide' appeared first on The Block.

The cryptocurrency market has dropped by 1.3% in the past 24 hours. Its total cap now stands at $965 billion, representing a dip of 0.5% in a week, and a drop of 5% in a month. However, while prices are down on average, a number of coins have posted some notable gains in the past day, as well as in the past week. This article takes a look at them, compiling the biggest crypto gainers today, including IOTA, LUNA, QNT, ZEC and TAMA.

Terraform Labs founder Do Kwon is facing an international arrest warrant, days after South Korean prosecutors expressed concern that he was “on the run.” On Monday, South Korea police revealed that they had sought help from Interpol to have the Terra boss arrested.

The International Criminal Police Organization or Interpol has slapped defunct Terraform Labs founder Do Kwon with a red notice.  Arrest Warrant Out For Do Kwon The Terra Saga continues with the co-founder Do Kwon's misfortune.

Luna Classic (LUNC) initiated a bounce as a result of a Binance tax implementation on Monday. So far, the price has increased by 50%, breaking out from an important resistance in the process.

Now, unsurprisingly, it occurs: Do Kwon, the infamous co-founder of the Terra ecosystem that catastrophically collapsed in May, is implicated, and the Interpol wants a piece of him, according to numerous news agencies on Monday. The Singapore Police Force issued an arrest warrant for Kwon last Thursday, claiming that he had left the country at

Now it happens, unsurprisingly: the Interpol is involved and wants a piece of Do Kwon, the disgraced co-founder of the Terra ecosystem which disintegrated drastically in May, multiple news outlets reported Monday. Last week, the Singapore Police Force issued an arrest warrant for Kwon who, it said that time, was no longer in the country.

Do Kwon, founder of the collapsed crypto Terra (CRYPTO: LUNA) and terraUSD, has been issued an international arrest warrant over the collapse of his blockchain platform Terraform Labs and multiple criminal charges slapped by South Korea. What Happened: The International Criminal Police Organization has issued a 'Red Notice' For Kwon, who faces charges in South Korea over the $60 billion wipeout of cryptocurrencies he created, according to a Bloomberg report, which cited South Korean officials.

Authorities in South Korea claim Interpol has issued a red notice for the arrest of Terraform Labs CEO Do Kwon. The post South Korea says Interpol has issued a red notice for Do Kwon, Bloomberg says appeared first on The Block.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Terra's recovery efforts by the team and its community over the last month rekindled positive investor sentiment, especially during the start of this month.