Swiss Authorities Freeze $26M Worth of Do Kwon, Terraform Labs Crypto Assets: Report

$26 million in crypto linked to Terraform Labs and held in digital asset bank Sygnum has reportedly been frozen by Swiss authorities.

• 2023-06-26
• Terraform Labs digital asset Swiss authorities Kwon Do-hyeong Securities and Exchange

Switzerland freezes US$26 million in crypto held by Terraform Labs and Do Kwon

Swiss prosecutors have reportedly frozen about US$26 million in Bitcoin and other cryptocurrencies that belong to Terraform Labs and its chief executive officer Kwon Do-hyeong.

• 2023-06-26
• Terraform Labs digital asset Do Kwon Kwon Do-hyeong South Korean prosecutors Han Chang-joon