S. Korea seeks to revoke passport of Terra founder Do Kwon who is said to be in Singapore

If South Korea's Foreign Ministry accedes, entrepreneur Do Kwon would have to return to Seoul within 14 days. - Bloomberg

SEOUL (Bloomberg): South Korean entrepreneur Do Kwon, whose collapsed Terraform Labs cryptocurrency ecosystem sparked a meltdown in digital assets, faces being forced to return to South Korea after officials there sought to have his passport revoked.

A request has been passed to the nation's Foreign Ministry to scrap the travel document, the prosecutor's office said on Thursday. If the ministry accedes, Kwon - who prosecutors have said is in Singapore - in theory would have to return to Seoul within 14 days after receiving the notice of revocation.