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HomeCrypto NewsTerraform Labs, Do Kwon Transferred More Than 10K Bitcoin Out of Platform...

Terraform Labs, Do Kwon Transferred More Than 10K Bitcoin Out of Platform Accounts After Collapse: SEC

“On a periodic basis since May 2022, Terraform and Kwon have transferred – and continue to transfer – Bitcoin from this wallet to a financial institution based in Switzerland and have converted the Bitcoin to cash,” the filing said, adding that since June 2022, more than $100 million was withdrawn from that Swiss bank.

www.coindesk.com

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