Terra founder Do Kwon was recently discovered to have exchanged Bitcoin for cash such as US dollars while on the run

2022-12-23 09:42:13
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ChainCatcher news, according to Digital Asset, on-chain data confirms that Terra founder Do Kwon recently entered Serbia and on November 8 transferred 9.64 BTC (worth nearly $190,000 at the time) from the LFG wallet to the Binance wallet. This marks the first time he has been found exchanging Bitcoin for cash such as USD while on the run.

It is reported that South Korean prosecutors believe Do Kwon recently entered Serbia, where cryptocurrency deposits and withdrawals are relatively easy, and withdrew funds for his escape. They are currently conducting further investigations. (source link)

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