The Terraform Labs Co-founder and CEO Do Kwon reportedly “cashed out” $2.8 million worth of crypto before being released on bail in Montenegro on Friday.
Per TVChosun and South Korea’s Economist, multiple sources claimed that around $500,000 worth of Tether (USDT) was withdrawn from a wallet widely believed to be Kwon’s some seven days ago.
The same sources claimed that some 2.39 million Terra Luna Classic (LUNC) coins were withdrawn, also from a Kwon-linked wallet….
Read More: Do Kwon ‘Cashed out $2.8m Worth of USDT & LUNC’ Before Montenegro Bail Release