Do Kwon responded: Personal assets have not been frozen, and the related news is false

Chain Catcher news, Terra founder Do Kwon tweeted again regarding the news of "frozen cash out funds," stating, "I don't know what the motive is behind spreading this false information. I have never used Kucoin or OKX, I don't have time to participate in trading, and I have no frozen funds. I don't know whose funds the Korean prosecutors have actually frozen, but maybe doing so benefits them."

Chain Catcher previously reported that the Southern District Prosecutors' Office in Seoul announced that it has additionally frozen 1,959 bitcoins that Do Kwon had previously transferred to OKX. Thus, a total of 3,313 BTC (approximately 67 million USD) that were transferred earlier have now been completely frozen. (Source link)