Do Kwon Denies Report That South Korean Prosecutors Froze $39.6M of His Crypto

Last month, CoinDesk Korea reported that authorities in South Korea had asked crypto exchanges OKX and KuCoin to freeze 3,313 bitcoin (BTC), worth around $67 million, that are tied to Kwon. Also in September, Bloomberg reported that Interpol, an international organization that coordinates global searches for suspects, issued a “red notice” for Kwon. A red notice is an order to law enforcement worldwide to find and arrest a wanted person. Kwon has yet to be located.