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Crypto founder Kwon says 'not on the run'

SINGAPORE: Do Kwon, the wanted South Korean founder of the failed cryptocurrency Terra, denied Sunday he was on the run after the Singapore police said he was not in the city-state as had been believed.

Kwon's whereabouts have been thrown into question after the Singapore Police Force (SPF) statement late Saturday, and his tweets did not reveal where he was.

ALTERNATIVE MONEY This file illustration photo taken in London on May 8, 2022 shows a gold plated souvenir cryptocurrency Tether coin arranged beside a screen displaying a trading chart. Tether is an Ethereum token known as a stablecoin that is pegged to the value of the US dollar. AFP PHOTO