South Korean police order exchanges to freeze funds related to LFG
South Korean Police have filed notifications to cryptocurrency exchanges in the country, asking for the freezing of funds associated with the Luna Foundation Guard (LFG). Korean officials issued a request to the country’s leading crypto exchanges on May 23rd, 2022, to prohibit monies from being withdrawn. The Seoul Metropolitan Police Agency specifically requested that the […]
Luna Foundation Guard adds 37,863 BTC worth $1.5B to its reserve
The Luna Foundation Guard (LFG) has added 37,863 valued at $1.5 billion to its reserves following a partnership with Genesis Trading and Three Arrows Capital. According to the business, the agreement involved a $1 billion over-the-counter swap with Genesis in exchange for $1 billion in UST and a $500 million BTC buy from Three Arrows […]