Do Kwon, the Terraform Labs founder who says he’s “making zero effort” to cover from South Korean authorities investigating him for violating the nation’s capital markets legal guidelines could also be “vacationing” in Europe.

South Korean prosecutors this week mentioned native studies inserting Kwon in Europe have been “not false,” according to Bloomberg. Kwon, who’s been on the run from authorities for months has denied fleeing his native South Korea regardless of just lately claiming he was residing someplace in Singapore. The prosecutors used the identical “not false” language when requested to touch upon studies citing chat histories that seem to point out Terra coin worth manipulation. Kwon helped create the Terra coin.

Terraform Labs didn’t instantly reply to Gizmodo’s request for remark.

Kwon grew to become the supply of a world manhunt for fleeing, sorry, “relocating” across the time his TerraUSD and Luna stablecoins collapsed. Those two cash plummeted from a market cap of round $60 billion to mainly nothing in May, which in flip helped tank the value of Bitcoin and ushered in one of many worst crypto winters within the trade’s historical past. Investors, a few of whom claim they misplaced their life financial savings within the chaos, accused Kwon of mainly operating a crypto ponzi scheme. Kwon maintains he moved to Singapore previous to the cash’ collapse.

Despite beforehand claiming he was in “full cooperation” with any authorities company involved in speaking with him, Kwon’s proven no actual curiosity in returning to South Korea. Prosecutors responded by sending a request to South Korea’s Foreign Ministry calling on them to revoke Kwon’s passport. Prosecutors subsequently enlisted the assistance worldwide crime company Interpol which issued a “red notice” towards the founder. That alert successfully instructs legislation enforcement companies worldwide to make an arrest.

The on the run founder responded to the latest studies relating to his whereabouts on Twitter Thursday saying he would “throw a meetup/conference soon to get over this in hiding bs.” Kwon went on to say “Cops from world over welcome to attend.”

“For those of you that have been spreading falsehoods on the taxpayers dime, you are invited with VIP honors,” Kwon mentioned in a comply with up tweet. The founder additionally posted a water gun emoji alongside the phrases “pew pew.” Nice.