South Korean prosecutors confirm they seek to freeze bitcoin assets linked to Do Kwon, who denies moving tokens

Luna Foundation Guard (LFG), a Bitcoin reserve co-founded by Do Kwon as a confidence backstop to protect the Terra ecosystem, refuted claims that it had transferred digital tokens to other crypto exchanges after South Korea issued an arrest warrant for Kwon on Sept 14.
South Korean prosecutors say they have requested two crypto exchanges – KuCoin and OKX– to freeze a total of 3,313 Bitcoins, estimated at $67million, and allege the transfer was controlled by Kwon.
The Guard said in response it has not “created any new wallets or moved Bitcoins or other tokens held by LFG since May 2

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