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South Korea Freezes Do Kwon’s $176 Million Worth Assets
By Coingape Staff at 2026-05-06 00:26
Sentiment: Positive
South Korean prosecutors have frozen assets worth US$176 million belonging to Kwon Do-Hyung, CEO of Terraform Labs, over allegations that he defrauded investors in the Terra-Luna project and related decentralized finance services. This comes just before the court hearing for Kwon’s travel document forgery charges in Montenegro is set for May 11. Do Kwon Assets The post South Korea Freezes Do Kwon’s $176 Million Worth Assets appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Do Kwon #SEC vs Terraform #South Korea #Terraform Labs
Source CoinGape