Korean authorities freeze $39 million in cryptocurrency linked to Do Kwon
The content site is one of the sites that provide the service of answering general questions and solving puzzles and crossword puzzles
Where the content site is primarily interested in answering your questions in all areas, including solving puzzles and crossword puzzles
Answer Korean authorities freeze $39 million in cryptocurrency linked to Do Kwon
South Korean prosecutors are continuing to put pressure on Terraform Labs after the fiasco earlier this year.
This time, the authorities were able to freeze 56 billion won (worth $39.4 million) in assets linked to founder Do Kwon.
According to South Korean media News 1In this case, prosecutors were able to freeze 56.2 billion won of digital assets owned by Do Kwon, CEO of Terraform Labs.
This comes as the latest development in the matter.
Earlier this past September, reports claimed that authorities had frozen more than $65 million worth of bitcoin supposedly owned by developers.
It is also worth noting that the South Korean authorities also requested the issuance of an INTERPOL Red Notice against Do Kwon.Read:A Canadian oil company dedicates its untapped energy to Bitcoin mining…Details here
He told the Seoul Southern District Prosecutor’s Office:
We have started the procedure to put him on the INTERPOL Red List and cancel his passport… We are doing everything we can to locate and arrest him… It is clear that he is a fugitive because the main financial persons of his company also left for the same country (Singapore) during that time.Read:Venezuela integrates Bitcoin and Litecoin wallets into a government cryptocurrency exchange
Celsius co-founder resigns a few days after CEO resigns
Total Bitcoin Hash Rate Reaches All-Time High…Details Here
And you can ask questions on the content site through the word “Ask a question” at the top of the site, where we answer your questions in a short time