Did Do Kwon Move $62 Million in Bitcoin While Awaiting Extradition? 🥶
As the legal drama surrounding #Terraform Labs co-founder Do Kwon intensifies, new developments suggest he may have had access to a significant amount of Bitcoin despite being under house arrest in Montenegro. On September 2, 2024, more than 1,075 Bitcoin—valued at roughly $62 million—was mysteriously transferred from a wallet linked to Terraform Labs. The big question: Did Kwon, who is caught in an extradition tug-of-war between the US and South Korea, orchestrate the move?
This revelation adds another twist to Kwon's already tumultuous saga. Following the collapse of the Terra ecosystem in 2022, Kwon was #arrested in Montenegro in 2023 and briefly imprisoned. Since his release, he has been navigating a complex legal landscape as both the US and South Korea vie to extradite him. While authorities scramble for answers, the crypto world is left wondering—what is Do Kwon’s next move?
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