South Korea Reportedly Freezes Do Kwon's Crypto Worth $40M — Luna Founder Says the Funds Are Not His – Regulation Bitcoin News

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South Korea has reportedly frozen $40 million in crypto, including bitcoin, belonging Do Kwon. The Luna founder said the frozen funds are not his. $BTC luna terra

The coins were frozen at cryptocurrency exchanges Kucoin and Okx, the publication noted, adding that the two trading platforms have agreed to freeze Kwon’s crypto at the request of the prosecution.last month that they were seeking to freeze 3,313 bitcoins tied to Kwon that were transferred to Kucoin and Okx from a wallet allegedly linked to Luna Foundation Guard .

However, the organization denied the allegation, insisting that it “hasn’t created any new wallets or movedFollowing 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. “I don’t get the motivation behind spreading this falsehood – muscle flexing? But to what end?” the Luna founderOnce again, I don’t even use Kucoin and Okex, have no time to trade, no funds have been frozen.

Source: Digital Coin News (digitalcoinnews.net)

 

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ya, there not his anymore.. hahahaha.. broke and in prison.

So this sucks.

Then their you have it used that to burn The peoples money and hopefully recover back USTCTO ITS STABLE LIFE

He’s a scumbag

Let's congratulate the Korean government for getting $40 million, hope they can use the money to put a bounty on DK

The person who froze the cryptocurrency is said to be his, and the person whose cryptocurrency was frozen is not his. Whose cryptocurrency is frozen?

Yeah it is probably the funds he stole from his holders

It's interesting to find out who's really right

His bitcoin and 'crypto assets' were not frozen. Accounts at some crypto exchanges that housed his stored value were frozen. Kwon says the accounts aren't even his. Lol.

How? Crypto block by 3rd party? What am I not understanding here?

your damn right do kwon it ain't yours👍

They should've done this a while ago

It’s not his money, then use that $40 million to buy $lunc and send it to dead wallet burnalot. LUNCBURN

Да к сожалению в 21 веке может произойти всё что угодно ещё в такой стране Как России и их друзей...

I bet he will go to North Korea instead😼 kimjongun

We know this money is not yours, it is public money.

don’t care if it’s his, im wondering how they froze $40m in crypto assuming Do Kwon isn’t stupid enough to put it in an exchange

Weldone 👍

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Don’t miss TerraformIab i am certainly spreading this

Thanks so much fooooorrrr this gift TerraformIab

ff_get_me_out

TerraformIab just got regonised and this Airdrop is special to my life, thanks

How do you freeze someone's crypto?

It's not his. If you actually care - look into Qi Capital.

hehehehe 😂😂😂 This man is very entertaining. Thanks to Bitcoin News 📰🗞️

How do you freeze $BTC?

if not his money then use $40 million to buy LUNC

Not your wallet, not your coin. Mins you, good luck trading anyway at current. But, shouldn't stop people or him from trying. Screw govt 'freezing' assets

Well that’s a given we all know it’s not his it’s ours

If they aren't his, he shouldn't care then. Hopefully these funds get back to ppl who lost in some way

🚀Thankss a millon

Ok, I only listen to ChiefraFba for signals!

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