Apparently Do Kwon Sent $80 Million a Month to Secret Wallets before crash

The United States Securities and Exchange Commission reportedly discovered a situation where $80 million dollars (100 billion won) of the company’s funds every month were sent to different wallets for the operating expense. This reportedly happened a few months before the collapse of Terra. This particular activity, according to the reports, is what raised money laundering suspicions about Do Kwon.

If the allegations are true then it seems like Terra the shitshow created by Do Kwon is an ending rabbit hole. Now it's getting more clear why he ignored all the warnings about the potential loopholes, he was himself exploiting them. How low this disgusting excuse for an human being can go is yet to be discovered.

Source