Kwon allegedly funneled tens of millions of dollars out of Luna Foundation Guard (LFG), which he set up to help defend his now-defunct stablecoin TerraUSD’s peg to the dollar, according to Dan Sunghan, director of the financial crime investigation bureau at the Seoul Southern District Prosecution Service….
Read More: Korean Prosecutors Target Terra Founder Do Kwon’s Crypto Assets Amid Multi-Country Legal Issues