Do Kwon reiterated: Personal assets have not been frozen, the news is not true

According to BlockBeats, on October 5, Terra founder Do Kwon took to social media to reiterate the news about the cash freeze: "I don't know what the motivation is to spread this kind of false information. I didn't use Kucoin and OKX, I didn't have time to participate in the transaction, I didn't have money frozen, I don't know whose money the Korean prosecutors froze, but maybe it's good for them." As previously reported by BlockBeats, the South Korean media "Legal Circles" reported today, the Seoul Southern District Prosecutors' Office announced that it had frozen an additional 1,959 bitcoins that had been transferred to OKX by Do Kwon. As a result, the total amount of 3,313 BTC (about 67 million dollars) that had been transferred has been frozen. Do Kwon has previously denied "cashing out" on social media and said its assets had not been frozen.