Seizure / forfeiture
Do Kwon: $4.50B moved in 2024
Terraform Labs and its founder were ordered to pay $4.5bn after the collapse of the TerraUSD stablecoin.
The figure
- Amount4,500,000,000 US dollars
- CategorySeizure / forfeiture
- CorridorSingapore, Singapore → New York, United States
- Distance15.3K km apart
- Year reported2024
- Documentation confidence94/100
What that amount buys
$4.50B is roughly 60 long-range private jets, 10.7K median-priced US homes, or 55.8K years of median US household income.
Do Kwon is publicly known as founder, terraform labs. The arc drawn for this entry joins Singapore and New York because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →