asset seizure
Binance
Bitcoin
Bitcoin Stash
Blockchain
collection preservation
criminal proceeds
Cryptocurrency
cryptocurrency industry
damages
Daniel Shin
Digital Assets
do kwon
Financial crime
Illegal Activity
international exchange
Investigation
Jieun Lee
KBS
Money Laundering
News
property ownership
Prosecutor's
Real estate
recovery
securities crime
Seoul
Shin Hyun-seong
South Korea
terraform labs
Terraform Labs staff
virtual asset exchange
South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders
According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South…