Terra Classic

Bitcoin connected to Luna Foundation Guard is being transferred as Judge rejects Terra founder Do Kwon’s request to dismiss the US SEC lawsuit.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/0c49fabbbbdc44c3929dba36896448fa.gif" />Terraform Labs (TFL) and its co-founder Do Kwon have moved millions worth of Bitcoin and other cryptocurrencies in recent months. Kwon’s associates have begun selling BTC linked to Luna Foundation Guard after moving 5292 <a href="https://cryptosheadlines.com/bitcoin-atm-numbers-rebound-with-surge-after-global-downtrend-lasting-4-months/" rel="noopener noreferrer nofollow">bitcoins to another wallet last month</a>. This information has been confirmed by a <a href="https://cryptosheadlines.com/unusual-trading-volumes-observed-for-4-altcoins-on-south-korean-cryptocurrency-exchanges/" rel="noopener noreferrer nofollow">South Korean</a> news outlet.<h3 id="is-terra-s-do-kwon-selling-lfg-linked-bitcoin">Is Terra’s Do Kwon Selling LFG-Linked Bitcoin?</h3>While Do Kwon is in custody in Montenegro, his associates, managing his wallets, moved 239 BTC out of the 5292 BTC linked to Luna Foundation Guard, as reported by <a href="https://cryptosheadlines.com/us-house-committees-plan-to-hold-hearings-together-to-discuss-digital-asset-regulations/" rel="noopener noreferrer nofollow">Digital Asset</a>. They transferred these funds to another wallet address “bc1q42,” which now holds 5053.26 BTC, worth $146 million. <a href="https://cryptosheadlines.com/terra-founder-sells-lfg-linked-bitcoin-amid-sec-lawsuit/" rel="noopener noreferrer nofollow">Read More...</a>

Terra Founder Sells LFG-Linked Bitcoin Amid SEC Lawsuit

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