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According to Bloomberg, Dan Sunghan, chief of the Financial Crimes Investigation Bureau of South Korea's Seoul Southern District Court, said that since Do Kwon's arrest in late March, $29 million worth of money has been transferred from entities linked to the Terra project, and South Korean authorities are trying to determine The whereabouts of these assets, which were most likely transferred by Do Kwon himself or at his direction.


In addition, Do Kwon and his colleagues still hold $13 million in funds at Sygnum Bank AG in Switzerland, which were transferred from Luna Foundation Guard’s encrypted wallet to another separate wallet and then transferred through an over-the-counter trading service, Sunghan said. South Korean prosecutors are working to freeze the funds. #新闻frontier# #Content Star#
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