Do Kwon transferred 4.5 million dollars to a law firm in South Korea last July and August

According to ChainCatcher news, as reported by Digital Asset, the Financial Crimes Division of the Southern District Prosecutor's Office in Seoul discovered that Do Kwon, CEO and founder of Terraform Labs, remitted $4.5 million to a law firm in South Korea in July and August 2022. Sources also stated that Do Kwon continued to remit money to the law firm after traveling from Dubai to Serbia in September 2022.

Earlier reports indicated that after Do Kwon was arrested by Montenegrin authorities, U.S. prosecutors charged him with criminal fraud and sought to extradite him to the United States. South Korean prosecutors are also seeking to extradite Do Kwon. (source link)