South Korean prosecutors estimate that the criminal proceeds of those involved in the Terra case are at least 314 million U.S. dollars, and Do Kwon’s property may have been transferred

According to KBS reports, South Korean prosecutors estimated that the criminal proceeds of those involved in the Terra case were at least 414.5 billion won (approximately US$314 million). Do Kwon, who has almost no property in South Korea, appears to have exchanged a large portion of his property for Bitcoin and transferred it to overseas virtual asset exchanges. Prosecutors said they had asked Binance to prevent Do Kwon from withdrawing the cryptocurrency.