By CryptoNews - 1 year ago - Reading Time: 1 minutes
Lawyers Unsure of Fate of Do Kwon’s ‘Missing $37B’ – Will Investors Ever Get Their Money Back?
South Korean legal experts are unsure if “victims” of fraud allegedly committed by Do Kwon and Terraform Labs executives will ever be able to recoup their funds – with an estimated $37 billion now “missing.”Segye Ilbo reported that South Korean prosecutors are hopeful of freezing at least $5.5 million worth of this amount.
They think that Kwon, Terraform’s CEO, has been holding these funds on overseas crypto exchanges and in Swiss bank accounts....
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Original source: CryptoNews