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South Korean police request exchanges freeze LFG related funds

Published 05/23/2022, 10:31 PM
Updated 05/24/2022, 12:40 AM
South Korean police request exchanges freeze LFG related funds

Crypto exchanges in South Korea have been issued notices from police requesting the sequestering of funds related to the Luna Foundation Guard.

On May 23rd, 2022, Korean authorities sent a request to the top crypto exchanges in the country to prevent funds from being withdrawn. Specifically, the Seoul Metropolitan Police Agency asked to prohibit the Luna Foundation Guard from taking any action. The police claim that clues have been found that may link the organization to embezzlement.

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