cryptonews.net
Recently, there has been a movement of a large amount of Bitcoin (BTC), which was transferred by the founder of Terraform Labs (TFL) Do Kwon. Kwon is still imprisoned in Montenegro on an extradition case, and his accomplices, who have yet to be arrested, appear to be in control of the bitcoins in question.
On August 4, approximately 239 BTC (9.235 billion won) was withdrawn from Wallet A, where 5,292 BTC were stored on the Do Kwon side, and transferred to a new wallet, Wallet B. In addition, it was confirmed that all 5,292 BTC (approximately 204.5 billion won) remaining in the LFG Binance wallet was transferred to the new wallet on July 3, and the receiving wallet was named wallet A. It was also confirmed that some of the bitcoins stored in wallet A were moved in about a month.
239 BTC moved on August 4 went through 4 transit wallets until it was transferred from wallet A to wallet B, a process that took 45 minutes from 2:00 on August 5. Binance's LFG wallet, which initially held 5292 BTC, was first discovered by global media in November 2022 and tracked related transactions. When this wallet was first found in November 2022, it contained about 6,983 BTC (about 270 billion won).
Image: Bitcoinist