After the world witnessed the collapse of Terra and assets such as UST all but Interpol issued a red notice against the network’s founder, Do Kwon. But now there seems to be another case involving a large number of Bitcoins.
According to the report, 3,313 Bitcoin, totaling over $69 million, were transferred from the Luna Foundation Guard (LFG) to two crypto exchanges. outside South Korea The reports came after Do Kwon was issued an arrest warrant on September 14.
For the first time since the investigation South Korean prosecutors attempted to freeze some of the transferred bitcoins, finding that LFG had created a wallet on Binance abruptly on Sept. 15, and shortly after, 3,313 BTC was transferred to both the Kucoin and OKX wallets.
In addition, LFG’s account transfer on Binance was further revealed that 1,354 Bitcoin transactions were made on Kucoin for three consecutive days starting September 15. The top section on OKX contained 1,959 BTC worth of bitcoin. about 39 million dollars
The Seoul Southern District Prosecutor’s Office and the Joint Securities Crime Investigation Team oversee the investigation. while these transactions take place And the team has contacted Kucoin and OKX to demand that the funds be suspended.
While Kucoin decided to comply with the request, OKX was not interested in doing it.
Source: LINK