The South Korean police have reportedly launched an investigation into possible embezzlement involving an employee of Terraform Labs. To prevent fund transfers, the police have requested crypto exchanges to freeze the Luna Foundation Guard’s accounts.The Seoul Metropolitan Police Agency’s Cybercrime Investigation Unit announced Monday that it has launched an investigation into possible embezzlement by an employee of Terraform Labs, local media reported.
The police explained that there is evidence that embezzled funds had flowed into the Luna Foundation Guard’s accounts. The cybercrime unit has therefore requested major domestic cryptocurrency exchanges, such as Upbit and Bithumb, to “urgently” freeze the accounts belonging to the Luna Foundation Guard to prevent withdrawals of funds held at crypto exchanges.
Korean Police is better than Singapore police Korean Police solves crime with ethics and good heart of the innocent While Singapore Police just only knows how to sit and collect salary DK is in Singapore and there is nothing much they can do!!!
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It's hard to say if he should be blamed for everything that happened.
The exchanges aren't in South Korea so all they can do is ask.
I saw that Bitfinex dylisted Luna
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