The South Korean prosecution has requested the Ministry of Foreign Affairs to revoke the passports of Terra founder Do Kwon and four others

According to Chain Catcher news, as reported by News1, the Southern District Prosecutors' Office of Seoul, South Korea, today requested the Ministry of Foreign Affairs to impose administrative sanctions on Terra founder Do Kwon and four others, forcibly revoking their passports. It is reported that under the country's passport law, passports can be refused for issuance or reissuance for those who have already been issued arrest warrants, or orders can be issued to return passports to those abroad.

Chain Catcher previously reported that on September 14, a South Korean court issued an arrest warrant for Do Kwon, the co-founder of Terraform Labs currently located in Singapore, and core members, with the main accusation being the violation of the Capital Markets Act. (News1)