What's next with Do Kwon?

A Bitcoin reserve connected to fallen crypto entrepreneur Do Kwon denied transferring digital tokens after a trail of coin movement prompted South Korean prosecutors to take steps to freeze assets.

The reserve, the Luna Foundation Guard, said on Twitter that it “hasn’t created any new wallets or moved $BTC or other tokens held by LFG since May 2022.”

The tweet emerged after prosecutors Tuesday sought to freeze assets linked to Kwon, who is wanted in South Korea on suspicion of breaking securities laws amid the $60 billion implosion of his Terraform Labs crypto ecosystem.

You can read more on src: https://www.bloomberg.com/news/articles/2022-09-28/bitcoin-reserve-linked-to-fugitive-do-kwon-denies-moving-tokens

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