South Korean prosecutors have actually robbed 15 places in Seoul as part of their continuous probe into the “Terra (LUNAC) incident”– and have actually taken files and information from a minimum of 7 crypto exchanges, including the market-leading platforms Upbit andBithumb
Multiple media outlets, including Newsis, as well as YTN and the Munhwa Ilbo, described that officers from the Seoul Southern District Prosecutors’ Office’s Joint Financial and Securities Crime Investigation Team came to the places at 5:30 PM KST (8:30 AM UTC) on July 20 to perform “searches” and “seize” information.
Other than Upbit and Bithumb, no other trading platforms were pointed out by name in the reports. The country’s 3rd and 4th greatest exchanges by trading volume are Korbit andCoinone iNews24 reported that some of the properties robbed might have been personal homes.
However, some media outlets reported that prosecutors likewise robbed the workplaces of a business called Dunamu & &Partners This company, as formerly reported, was developed in March 2018 as a spin-off of Dunamu, Upbit’s operator.
Dunamu & &(* )purchased 20 million LUNAC tokens Partners in “for investment purposes” 2018 at a rate April around USD 0.12 per coin. of 19, 2021, On February & &(* )offered its LUNA holdings for bitcoin (BTC), which the company states it still owns and has actually not traded for fiat.
Dunamu & & Partners declared that had actually not done anything incorrect, with its moms and dad business Dunamu distancing itself from the matter.
Partners prosecution is yet to release a main declaration about the matter, however appears to have actually verified that it did perform the searches. Dunamu outlets such The YTN declared to have actually been notified that officers were looking for (*Media *) relating to the LUNAC and as network coin deals 15 “individuals associated to the case– including the Terra CEO of and the Terraform Labs co-founder Do Kwon- seung (likewise understood Terraform).
Shin Hyun media outlets included that officers were trying to find as Daniel Shin- related “deal information” throughout their searches.
Other by Terra.