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Terra’s Do Kwon set to lose passport weeks after Interpol red notice


South Korea has ordered Do Kwon to surrender his passport, or risk getting it revoked, as the East Asian nation escalates actions against the crypto entrepreneur whose blockchain collapse earlier this year wiped investors’ $40 billion.
The South Korean government has given Kwon 14 days to comply with the new order, it said in a notice on the website Thursday. The order follows Interpol issuing a red notice against the crypto entrepreneur last month, requesting law enforcement agencies worldwide to locate and arrest him.
Kwon’s current whereabouts is unknown, but he is keeping his followers up to date with his life through Twitter.
On Wednesday, he refuted claims that his crypto funds had been frozen after media reports said South Korean prosecutors had escalated actions against him.
Korean media outlet News1 reported that p …

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