Cryptocurrency News
Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon
2022.09.27 13:59
Report: Korean authorities orders freeze of $67M of Bitcoin tied to Do Kwon
South Korean authorities have requested crypto exchange OKX and Kucoin to freeze 3,313 (BTC) reportedly tied to Do Kwon, the co-founder of blockchain developer Terraform Labs.
Kwon, who is currently on the run from the Korean authorities in the securities violation case, reportedly created a new wallet on Sept. 15, just a day after a Korean court issued an arrest warrant against the fugitive crypto founder.
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