Do Kwon Transfers 239 BTC To The Wallet That Stored 5,292 BTC: Report
Key Points:
- On August 4th, 239 BTC (approx. 9.235 billion won) was withdrawn from wallet A, where 5292 BTC was stored on the side of Do Kwon.
- All 5292 BTC (approx. KRW 204.5 billion) remaining in the LFG Binance wallet were transferred to a new wallet on July 3.
Founder of Terraform Labs, Do Kwon, moves large amounts of BTC while imprisoned in Montenegro — accomplices in control of bitcoins.
Recently, there has been movement in a large amount of BTC (Bitcoin) that the founder of Terraform Labs (TFL), Do Kwon, moved. Kwon remains imprisoned in Montenegro for an extradition trial, and his accomplices, who have yet to be arrested, appear to be in control of the bitcoins in question.
On August 4th, approximately 239 BTC (approximately 9.235 billion won) was withdrawn from wallet A, where 5292 BTC was stored on the side of Do Kwon and transferred to a new wallet, wallet B.
In addition, it was confirmed that all 5292 BTC (approximately KRW 204.5 billion) remaining in the LFG (Luna Foundation Guard Price Defense Foundation) Binance wallet were transferred to a new wallet on July 3 and named this receiving wallet as Wallet A. It was also confirmed that some of the bitcoins stored in wallet A had moved in about a month.
The 239BTC moved on August 4th appeared to have gone through 4 transit wallets until it was transferred from wallet A to wallet B, and this process took place for 45 minutes from 2:00 am on August 5th.
The LFG Binance wallet, where 5292BTC was initially stored, was the first to be found among the world’s media in November 2022 and had been tracking related transactions. When first found this wallet in November 2022, about 6983 BTC (about 270 billion won) was stored there.
However, Kwon Do-hyeong’s side transferred the bitcoins from this wallet to overseas exchange wallets several times and transferred all of the remaining 5292 BTC to wallet A on July 3.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Do Kwon Transfers 239 BTC To The Wallet That Stored 5,292 BTC: Report
Key Points:
- On August 4th, 239 BTC (approx. 9.235 billion won) was withdrawn from wallet A, where 5292 BTC was stored on the side of Do Kwon.
- All 5292 BTC (approx. KRW 204.5 billion) remaining in the LFG Binance wallet were transferred to a new wallet on July 3.
Founder of Terraform Labs, Do Kwon, moves large amounts of BTC while imprisoned in Montenegro — accomplices in control of bitcoins.
Recently, there has been movement in a large amount of BTC (Bitcoin) that the founder of Terraform Labs (TFL), Do Kwon, moved. Kwon remains imprisoned in Montenegro for an extradition trial, and his accomplices, who have yet to be arrested, appear to be in control of the bitcoins in question.
On August 4th, approximately 239 BTC (approximately 9.235 billion won) was withdrawn from wallet A, where 5292 BTC was stored on the side of Do Kwon and transferred to a new wallet, wallet B.
In addition, it was confirmed that all 5292 BTC (approximately KRW 204.5 billion) remaining in the LFG (Luna Foundation Guard Price Defense Foundation) Binance wallet were transferred to a new wallet on July 3 and named this receiving wallet as Wallet A. It was also confirmed that some of the bitcoins stored in wallet A had moved in about a month.
The 239BTC moved on August 4th appeared to have gone through 4 transit wallets until it was transferred from wallet A to wallet B, and this process took place for 45 minutes from 2:00 am on August 5th.
The LFG Binance wallet, where 5292BTC was initially stored, was the first to be found among the world’s media in November 2022 and had been tracking related transactions. When first found this wallet in November 2022, about 6983 BTC (about 270 billion won) was stored there.
However, Kwon Do-hyeong’s side transferred the bitcoins from this wallet to overseas exchange wallets several times and transferred all of the remaining 5292 BTC to wallet A on July 3.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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