Blow to LUNA Founder Do Kwon: $176M Asset Freezing

Terra (LUNA) founder Do Kwon’s $176 million assets frozen by South Korea.

Seoul South Korea District Court judge, a local agency reported on May 10. Yun Chan-Young’s prosecution of Do Kwon’s assets from freezing your request he accepted transferred. As part of the ongoing criminal investigation, Do Kwon’s frozen assets 176 million It was stated to be worth a dollar.

One of the assets apartment complex, new One officetel type real estate and a series imported car was said to exist. In addition, the founder securities, deposits and stock exchanges cryptocurrencies also freezing decision has been reported.

under the law until proven innocent as many assets to freeze facility is known eight of a decision in a similar direction terra more applied to the employee and approximately 160 million dollar asset confiscated was reminded.

In the recent past, South Korean prosecutors, Binance And from global stock markets to Do Kwon assets belonging to to be frozen had requested.

source site-9