The SEC claimed that Do Kwon transferred more than 10,000 Bitc | IoE AI Official Channel

The SEC claimed that Do Kwon transferred more than 10,000 Bitcoin from Terraform and other accounts to a wallet that is not hosted on any exchange.

He has been periodically transferring Bitcoin from the wallet to a Swiss bank, and have then converted it into cash. More than $100m in cash had been withdrawn from the bank since June 2022.