Terra Co-founder Do Kwon Denies $39.6M Crypto Asset Freeze

Terra Co-founder Do Kwon Denies $39.6M Crypto Asset Freeze

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The Australian info Do Kwon, the CEO of Terraform Labs and the male behind the collapsed LUNA community, has rejected a report from South Korean news outlet News1 declaring regional districtattorneys have frozen some of his crypto possessions valued at 56.2 billion won (US$39.6 million). In action to the report, Kwon tweeted that it’s a ‘falsehood’ and that he doesn’t have time to trade crypto. I wear’t get the inspiration behind dispersing this fallacy – muscle bending? But to what end? Once onceagain, I wear’t even usage Kucoin and OkEx, have no time to trade, no funds haveactually been frozen. I puton’t understand whose funds they’ve frozen, however great for them, hope they usage it for great 🙏 https://t.co/gSucKfqsxj — Do Kwon 🌕 (@stablekwon) October 5, 2022 Mounting Reports Matched by Kwon Denials In his tweet Kwon likewise rejected having accounts on the crypto exchanges KuCoin and OKX — this was a referral to his earlier rejection of a September report that South Korean authorities had asked these exchanges to freeze 3,313 Bitcoin (BTC) connected to Kwon held on their platforms.  What hasactually been mostlikely the most unexpected in all this is the quantity of falseinformation that gets spread. There is no “cashout” as declared, i havent utilized kucoin or okex in at least the last year, and no funds of tfl, lfg or any other entities haveactually been frozen. https://t.co/E1cbKgoqQz — Do Kwon 🌕 (@stablekwon) September 28, 2022 Just a day earlier, Bloomberg had reported that South Korean districtattorneys were declaring that Interpol had provided a red notification for Kwon, significance law enforcement organisations worldwide hadactually been asked to find and nab him if he tries to cross nationwide borders. Yet more declares versus Kwon were reported back in July, when
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