<img src="/uploads/Getty_Images_1240079598_984209738b.webp" alt="GettyImages-1240079598.webp" srcset="/uploads/thumbnail_Getty_Images_1240079598_984209738b.webp 234w,/uploads/small_Getty_Images_1240079598_984209738b.webp 500w,/uploads/medium_Getty_Images_1240079598_984209738b.webp 750w,/uploads/large_Getty_Images_1240079598_984209738b.webp 1000w," sizes="100vw">Interpol has issued a red notice for Do Kwon, requesting law enforcement agencies worldwide search for and arrest the Terraform Labs founder whose blockchain startup <a href="https://techcrunch.com/2022/05/25/terra-community-passes-proposal-to-revive-luna-cryptocurrency-following-stablecoin-led-implosion/">collapsed earlier this year</a>.The collapse of Terra cryptocurrency (Luna) and the so-called stablecoin TerraUSD (UST) wiped out investors’ $40 billion, prompting an uproar that caused the prosecutors to launch investigations into Kwon and his colleagues. He faces charges in South Korea, the prosecutors said Monday.The notice against Kwon — which a spokesperson for the South Korean prosecutors confirmed to TechCrunch — however, may set a wrong precedent for the crypto industry and hurt innovation, especially if Kwon didn’t knowingly defraud investors and customers, several industry executives have said in recent weeks.&nbsp;“Having met Do Kwon … leaving how he is a person aside … I think the criminalization of Terra is a dangerous precedent,” said Haseeb Qureshi, managing partner of crypto investment fund Dragonfly, on a recent podcast. Qureshi, however, cautioned that he, like many others, doesn’t know all the details.South Korean prosecutors have doubled down on their probe into Kwon in recent weeks, accusing earlier this month that the entrepreneur was “not cooperating,” and was “<a href="https://techcrunch.com/2022/09/19/south-korean-prosecutors-say-do-kwon-obviously-on-the-run-ask-interpol-to-issue-red-notice/">obviously on the run</a>,” a day after Kwon indicated otherwise. They requested Interpol, the global police organisation, to issue a red notice for Kwon earlier this month.Kwon, whose whereabouts are currently unknown, said Monday via his Tweet that he is not hiding after South Korean authorities confirmed that Interpol had issued a red notice for his arrest.<figure class="image image-style-side"><img src="/uploads/download_86c599d7dd.jpeg" alt="download.jpeg" srcset="/uploads/thumbnail_download_86c599d7dd.jpeg 245w," sizes="100vw"></figure>Terraform Labs’ so-called stablecoin UST and cryptocurrency Luna dramatically imploded in May after investors lost faith in the efficacy of its fundamentals. Kwon, with approval from the Terraform community, revived the crypto project but has avoided the so-called algorithmic stablecoin component for now. The depegging of TerraUSD (UST), the firm’s previous stablecoin, prompted the crash of Luna token as they were intertwined.&nbsp;The crash of Luna token also <a href="https://techcrunch.com/2022/07/01/crypto-mega-hedge-fund-three-arrows-capital-reportedly-files-for-bankruptcy-in-new-york/">contributed to the wipeout of Three Arrows Capital</a>, once a high-profile crypto hedge fund. The demise of the fund severely impacted a number of crypto lenders, including BlockFi from whom it had borrowed billions of dollars.South Korea issued an arrest warrant for Kwon earlier this month, a move that saw many investors sell their positions in the revived Luna token. “We are in the process of defending ourselves in multiple jurisdictions — we have held ourselves to an extremely high bar of integrity, and look forward to clarifying the truth over the next few months,” Kwon said in a tweet this month.&nbsp;&nbsp;

Interpol has issued a red notice for Do Kwon, requesting law enforcement agencies worldwide search for and arrest the Terraform Labs founder whose blockchain startup collapsed earlier this year.

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Interpol issues red notice for Terra founder Do Kwon

<h2 style="margin-left:0px;">WFH Challenges for software engineers</h2>Digital “<a href="https://qatalog.com/blog/post/qatalog-gitlab-study-press-release/">presenteeism</a>”, when people “perform” presence in remote workplaces, is a massive time suck. Researchers have found that when we feel the need to look busy just to impress others, it’s actually detrimental to productivity.Another troubling aspect is that the pressure to engage in digital presenteeism&nbsp; impacts people at different levels of the company differently. For software teams, this might mean that junior engineers feel pressured to “perform” and can’t take advantage of the benefits of asynchronous time.&nbsp;Another way to understand why digital presenteeism is happening for your organization is noticing if you have created a performance culture for remote teams. <a href="https://www.catharsisinsight.com/_files/ugd/fce7f8_2a41aa82670f4f08a3e403d196bcc341.pdf">Performance culture</a> occurs when people feel like they’re not allowed to share authentically and learn together, and that their time with teammates is mostly just a time when they need to “prove” their worth or defend. In a performance culture, people still learn and get work done–but they also collaborate less, share less, and struggle more. And this can be especially hard for software developers working remotely. Active learning is a key part of writing collaborative code, and when remote work makes this time scarce, “performance” pressure takes valuables time away from your developers.<a href="https://docs.google.com/document/d/1xFZp4dUWvVhKCDA5qYD-8-JngJEbwyDoxLSJi4n_2AY/edit#heading=h.eg6v84bk2pin">2</a>Keeping people in “performance culture mode” is anti-psychological safety for developer teams. Research has even suggested it means you can’t successfully have <a href="https://www.pluralsight.com/blog/software-development/transform-from-waterfall-to-agile-development">agile practices</a> without shared psychological safety. While it might be tempting to think you’ve increased collaboration by insisting on “digital presenteeism,”teams that feel forced to choose performance over authentic work time will stop having honest and real conversations about their work. When you demand an image of constant productivity, what you’re actually doing is destroying feedback loops, eviscerating team culture, and inevitably reducing productivity.<a href="https://docs.google.com/document/d/1xFZp4dUWvVhKCDA5qYD-8-JngJEbwyDoxLSJi4n_2AY/edit#heading=h.wbj4ym5fjr62">3</a><hr>&nbsp;<h2 style="margin-left:0px;">What does research say about remote work?</h2>Given all the challenges with forced presenteeism, how do we find connection and collaboration in remote-first workplaces?&nbsp; Despite the dangers, here are great success examples from committing to remote work and the freedom it gives people. Research has found that the ability to work remotely is correlated with productivity for developers.<a href="https://docs.google.com/document/d/1xFZp4dUWvVhKCDA5qYD-8-JngJEbwyDoxLSJi4n_2AY/edit#heading=h.wbj4ym5fjr62">4</a>Software teams in particular can thrive under the asynchronous and flexibility allowed by remote work when they are able to collaboratively trade generative and collaborative code work between teammates who may be in different time zones or have different expertises to contribute.<a href="https://docs.google.com/document/d/1xFZp4dUWvVhKCDA5qYD-8-JngJEbwyDoxLSJi4n_2AY/edit#heading=h.wbj4ym5fjr62">5</a>The key is not to have no connection in remote workplaces, but to commit to meaningful connections that places real problem-solving at the center. Unfortunately, we often miss this. Research on software teams dealing with sudden transitions into remote work have noted that practices like pair programming can vanish for software teams.<a href="https://docs.google.com/document/d/1xFZp4dUWvVhKCDA5qYD-8-JngJEbwyDoxLSJi4n_2AY/edit#heading=h.wbj4ym5fjr62">6</a> From collaboration to solitude and back: remote pair programming during Covid-19.Additionally, developer teams report missing unmonitored social time like brainstorming–even more during the pandemic.<a href="https://docs.google.com/document/d/1xFZp4dUWvVhKCDA5qYD-8-JngJEbwyDoxLSJi4n_2AY/edit#heading=h.wbj4ym5fjr62">7</a>&nbsp; In this study of 600+ developers, 65% of respondents reported a decrease in feeling socially connected with their team. And less awareness of what colleagues are working on (which is reported by 58% of respondents) was associated with a decrease in productivity.&nbsp;These studies highlight the importance of the organizational transparency engineering insights platforms provide. Flow dashboards instantly enable engineers to not only see what they’re currently working on, but also a snapshot of cross-team connectivity and a holistic understanding of current team tasks.&nbsp;<h2 style="margin-left:0px;">Remote work solutions</h2>Making remote work successful for developers isn't a matter of enforcing “presenteeism” but in making sure teams get time for the rituals that really count. It’s time for us to think carefully about meaningful presence, not “performance presence.”&nbsp;Recommendations:&nbsp;Leaders should guard against digital presenteeism. Set quality targets, not quantity targets for teams. We all know total lines of code written does not equal productivity.Invest in time together that counts–rituals like retrospectives and mentorship are foundational for developers to both increase their knowledge base and feel more connected.&nbsp;<ul><li>Use software metrics to free people’s time to focus on the actual issues they’re experiencing within your software delivery process. When you have the metrics that show where the bottlenecks and blockers are, you can spend less time determining what the issues are and more time solving them.&nbsp;</li></ul>&nbsp;

This is a classic problem with remote work. Human-computer-interaction research on “electronic communications'' in workplaces from the 90s was already saying that instead of trying to directly imitate “being there,” we should consider tools that help us “beyond being there”. We should focus on tools that allow us to build social connections asynchronously, or to invite other people into our problem-solving in new ways.1

This is a substantial aspect of tools like Pluralsight Flow. Flow seeks to increase productivity through improved collaboration and team culture. People need to write code, and those people are often long-distance from each other. When you focus on reducing metrics like queue time, you’re helping your remote teams.



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