TerraForm Labs CEO, Do Kwon has denied reports that South Korean prosecutors have frozen another $39.6 million worth of his crypto assets. This was after it was reported by the Korean outlet News1.
The CEO who had denied several allegations this year including him being on the run made this know in a tweet. He stated that there’s nothing like that and he doesn’t own use KuCoin and OKEx.
His tweet reads, ”Once again, I don’t even use KuCoin and OKEx, have no time to trade, no funds have been frozen,” Do Kwon added, ”I don’t know whose funds they’ve frozen, but good for them, hope they use it for good.”