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Cryptopolitan 2023-05-11 05:29:36

South Korean Court Approves Freeze of Terraform CEO’s Assets Worth $176 Million

A South Korean court has granted prosecutors’ request to freeze assets and properties belonging to Terraform Labs CEO, Kwon Do-hyeong, worth KRW 233.3 billion ($176 million). The assets, including Kwon’s Seoul residence, real estate, imported automobiles, securities, deposits, and cryptocurrencies, have been frozen, and Kwon is now unable to move or sell them. Prosecutors allege ... Read more

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