Do Kwon Accused of Withdrawing Bitcoin Worth $100 Million After Terra Collapse

The post Do Kwon Accused of Withdrawing Bitcoin Worth $100 Million After Terra Collapse appeared first on Coinpedia Fintech News
The collapse of the Terra/Luna stablecoin ecosystem resulted in investors losing almost $40 billion, causing a significant and ongoing market decline. However, recent developments suggest that the founder, Do Kwon, may have taken more than $100 million in Bitcoin after the platform’s collapse. According to Bloomberg, Kwon allegedly transferred over 10,000 bitcoin from Terraform and …