South Korean prosecutors have raided 15 locations in Seoul as part of their ongoing probe into the “Terra (LUNAC) incident” – and have seized documents and data from at least seven crypto exchanges, including the market-leading platforms Upbit and Bithumb.
Multiple media outlets, including Newsis, as well as YTN and the Munhwa Ilbo, explained that officers from the Seoul Southern District Prosecutors' Office’s Joint Financial and Securities Crime Investigation Team arrived at the locations at 5:30 PM KST (8:30 AM UTC) on July 20 to conduct “searches” and “seize” data.
Other than Upbit and Bithumb, no other trading platforms were mentioned by name in the reports. The nation’s third and fourth biggest exchanges by trading volume are Korbit and Coinone. iNews24 reported that some of the premises raided may have been private residences.
However, some media outlets reported that prosecutors also raided the offices of a company named Dunamu & Partners. This firm, as previously...
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