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Cryptocurrency: Do Kwon moved $100M worth of BTC to a Swiss bank account as SEC charged him with fraud

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions. ....

United States , South Korea , Gary Gensler , Exchange Commission , Swiss Bank , Kwon Do Hyung , Terraform Labs , Terra Luna , Korea Times , Real Time Economy News , Orex News , Igital Currency News , Conomy Research , Conomy Commentaries ,

Do Kwon transferred over 10,000 bitcoins to Swiss bank account

Do Kwon reportedly transferred more than 10,000 bitcoins to a Swiss bank account after the abrupt collapse of his once-promising Terra-Luna ecosystem, for which a U.S. watchdog accused him and his firm of misleading investors by plotting the apparent crypto fraud. According to overseas reports, Kwon is known to have sent the bitcoins - amounting to $240 million (312 billion won) - to an un-hosted wallet used for custody of cryptocurrencies. ....

Exchange Commission , Terraform Labs , Capital Markets , South Korea , North Korea , He Korea Times , Orea Times , Orean News In English ,