Seoul Southern District Prosecutor's Office Freezes Do Kwon's 7.1 Billion Won Assets

According to Forkast, South Korea's Seoul Southern District Prosecutor's Office has frozen Do Kwon's 7.1 billion won (about 5.36 million U.S. dollars) in assets, including deposits in overseas accounts. With court approval, South Korea is expected to prevent Do Kwon from transferring or selling assets, the report said. Assets will be forfeited following a final guilty verdict from the court.