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Published 2 years ago

LUNC, LUNA Prices Drop Following Freeze of Over $40 Million Worth of Terra's Do Kwon's Assets

Summary by Ground News
South Korean prosecutors have frozen $39.66m of crypto assets, including BTC, owned by Do Kwon through two exchanges. Kwon allegedly created a new wallet for the Luna Foundation Guard, the nonprofit behind Terra, shortly after being slapped with an arrest warrant. LUNC continues its prior declines from Oct. 3, setting up to mark the third consecutive day of losses.

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