Do Kwon, the founder of Terraform Labs, insists he’s not on the run from South Korean authorities after the country’s prosecutors’ office said it had received an international arrest warrant for the cryptocurrency executive.Kwon’s company was behind the algorithmic stablecoin terraUSD or UST and its sister token luna which, combined were worth around $60 billion and in May collapsed to near-to-nothing.Contagion spread across the industry with those exposed to terraUSD and luna, including ultra-bullish hedge fund Three Arrows Capital, feeling the pain.South Korea has been seeking Kwon’s arrest since earlier this month. But prosecutors in the country have alleged Kwon is on the run. On Tuesday, a spokesperson for the Seoul Southern District Prosecutors’ Office in South Korea’s capital city told CNBC that global law enforcement agency Interpol has issued a “Red Notice” for Kwon.Red Notices are issued for fugitives wanted either for prosecution or to serve a sentence, according to Interpol. The notice is a request to law enforcement worldwide to locate and arrest the person in question. This could then lead to an extradition.Kwon, however, said he was not on the run, using his Twitter account to hit back at authorities.“I’m writing code in my living room hbu,” Kwon tweeted in reply to someone asking about his whereabouts.cnbc.com