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Benzinga
Benzinga
Business
Samyuktha Sriram

South Korean Police To Freeze Terra's (LUNA) LFG Funds On Embezzlement Allegations

LUNA Terra LFG Police South Korea Luna Foundation Guard Do Kwon

The Seoul Metropolitan Police are looking to freeze the Luna Foundation Guard’s (LFG) company funds as the Terra (CRYPTO: LUNA) controversy continues to unfold.

What Happened: According to a report from local media outlet Naver, the police’s cybercrime unit said it had requested all South Korean cryptocurrency exchanges to freeze LFG’s accounts in order to prohibit them from withdrawing any funds.

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