South Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the…

Bitcoin.com | Oct 6, 2022 at 4:00 AM
  • South Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon.
  • The coins were frozen at cryptocurrency exchanges Kucoin and Okx, the publication noted.
  • Following the news of the prosecutors freezing $39.66 million in crypto belonging to him, Kwon took to Twitter to deny that the frozen funds are his.