Bitcoin: South Korean Prosecutors freeze ~$40m of Do Kwon's Crypto Assets
Regulators around the world have been seeking the arrest of Terra founder Do Kwon. A host of cases have been filed against the executive allegedly blaming him for the wipeout of LUNA and UST—two cryptos belonging to the Terra ecosystem. Towards the end of September, the International Criminal Police Organization [Interpol] issued a Red Notice against the Terra founder. Korean officials have also accused Kwon and five others of crimes including breaches of capital-markets law. Alongside, prosecutors also confirmed recently that there was “circumstantial evidence of escape” pertaining to Kwon. Read More – Interpol Issues Worldwide Arrest Warrant For Terra founder Do Kwon Do Kown’s assets, including Bitcoin, reportedly frozen Now, according to reports, South Korean prosecutors have frozen roughly $40 million worth of crypto assets, including Bitcoin, owned by the Terra executive. Per a local media report, According to the legal community o...