Do Kwon faces a suit, filed on September 23, in Singapore from 350 investors who lost ~$57M, alleging “fraudulent misrepresentations” about TerraUSD’s stability (Wall Street Journal)

Sangmi Cha / Bloomberg:
South Korea says Interpol has issued a Red Notice for Terraform Labs co-founder Do Kwon; prosecutors say Kwon disappeared from Singapore after September 17  —  South Korea said Interpol requested law enforcement worldwide to locate and arrest Terraform Labs co-founder Do Kwon …

Song Jung-a / Financial Times:
South Korean prosecutors ask Interpol to issue a red notice for Do Kwon and the government to revoke his passport; Kwon denies being “on the run”  —  Fallen crypto developer denies he is ‘on the run’ from investigators  —  South Korean prosecutors have asked Interpol to issue …

Hooyeon Kim / Bloomberg:
A South Korean court issues an arrest warrant for Terraform Labs founder Do Kwon and five others located in Singapore, following the collapse of LUNA and UST  —  A court in South Korea issued an arrest warrant for Do Kwon, the founder of the Terraform Labs cryptocurrency ecosystem …

Yonhap News Agency:
South Korean prosecutors indict four current and former Samsung employees over allegedly stealing and leaking semiconductor tech to overseas companies  —  Prosecutors have indicted four current and former employees of electronics giant Samsung Group on charges of stealing highly valued …

Kate Park / TechCrunch:
South Korean financial super app Toss raised $405M Series G at a 9.1T won valuation, or ~$7B, after a 8.5T won valuation in June ’21; Toss Bank has 5M users  —  Viva Republica, an operator of South Korean finance super app Toss, has finalized a $405 million Series G funding and it says it is now valued …

Bill Cusick / Stability.Ai:
Stability AI releases Stable Diffusion 2.0, which can now generate images with default resolution of 512×512 and 768×768, and can upscale images to 2048×2048  —  It is our pleasure to announce the open-source release of Stable Diffusion Version 2.  —  The original Stable Diffusion V1 led …