United

Movement

Bitcoin

Million

Terra

More than two years have passed since the Terra-UST crash, which caused a major correction in the Bitcoin and cryptocurrency markets. 
During this time, Terraform Labs founder Do Kwon was caught in Karadağ, while the complicated extradition process is still ongoing. 
While it is not yet clear whether Do Kwon will be extradited to South Korea or the United States, it was stated that 1,075 BTC was transferred from a wallet belonging to Kwon to an anonymous account. 
According to a report by local South Korean news agency Digital Asset, 1,075 BTC worth around $63.9 million was transferred from a wallet belonging to Terraform Labs founder Do Kwon to an anonymous wallet. The latest transfer is reported to be the third time that BTCs have been moved from this wallet. 
While the last transfer took place four months ago, Digital Asset stated that it has been following Do Kwon's wallets since November 2022, and evaluated that these wallets may belong to the same person, Do Kwon. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/terra-founder-do-kwon-is-not-sitting-idle-64-million-bitcoin-btc-movement-occurred/">Terra Founder Do Kwon Is Not Sitting Idle! $64 Million Bitcoin (BTC) Movement Occurred!</a>

Terra Founder Do Kwon Is Not Sitting Idle! $64 Million Bitcoin (BTC) Movement Occurred!

Bitcoin Sistemi EN

Other articles published on Sep 3, 2024

Cardano’s Latest Upgrade: What is Chang Hard Fork?

Ripple Expands Blockchain Presence in Korea and Japan with New Partnerships

Telegram Founder Pavel Durov's Arrest: A Closer Look at the Charges

QCP Capital Recommends October for Cryptocurrency Gains

Is Cybersecurity Literacy the Backbone of a Prosperous Web3 Economy?

Ripple CTO Suggests Real-World Use Case Could Reduce Crypto Volatility

Join our free newsletter for daily crypto updates!