Korean Authorities Freeze $39 Million of Crypto Tied to Do Kwo | Crypto News
Korean Authorities Freeze $39 Million of Crypto Tied to Do Kwon
According to the South Korean media outlet News1, prosecutors have managed to freeze 56.2 billion won in virtual assets owned by Do Kwon – CEO of Terraform Labs.
This comes as the latest development on the matter. Earlier in September, reports claimed that authorities had frozen over $65 million in BTC supposedly owned by the developer or any of his projects.
It’s also worth noting that the South Korean authorities also requested a red notice on behalf of Interpol.
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