Interpol has reportedly issued a “Crimson Discover” to legislation enforcement worldwide for the arrest of Terraform Labs co-founder Do Kwon.

South Korean prosecutors in Seoul on Monday told Bloomberg the worldwide policing group issued the discover in response to expenses Kwon faces in South Korea associated to the collapse of the Terra ecosystem.

The information comes solely per week after South Korean prosecutors reportedly asked Interpol to issue a “Red Notice” for Kwon on Sept. 19.

A Crimson discover is a “request to legislation enforcement worldwide to find and provisionally arrest a particular person pending extradition, give up, or related authorized motion” in response to the Interpol website.

It additionally comes lower than two weeks after South Korean authorities issued an arrest warrant for Kwon and 5 different associates for alleged violations of the nation’s capital markets legal guidelines.

Kwon was beforehand believed to have been residing in Singapore, however native authorities stated on Sept. 17 he wasn’t within the nation, with Kwon saying hours later he wasn’t “on the run,” although he did not reveal his location.

Associated: South Korea issues arrest warrant for Terra founder Do Kwon

The Terra ecosystem Kwon co-founded crashed after its algorithmic stablecoin TerraUSD (UST) (now TerraUSD Basic (USTC)) lost its United States dollar peg in Might inflicting billions of {dollars} value of liquidations throughout the cryptocurrency market.