At the request of prosecutors, the Seoul Southern District Court in South Korea has frozen the assets of three early investors in Terra and Luna and four key personnel in technology development, including 120 billion won (about 93 million U.S. dollars) of assets of the former and current CEOs of Kernel Labs, a subsidiary of Terraform Labs. The seven people whose assets were frozen by the prosecutors were accused of making huge profits by selling pre-released Luna and suspected of forcibly issuing cryptocurrencies without notifying investors. (Sunday Newspaper)