{"id":25165,"date":"2023-07-05T12:07:33","date_gmt":"2023-07-05T12:07:33","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/07\/05\/massive-5292-bitcoin-btc-linked-to-terra-founder-do-kwon-on-the-move\/"},"modified":"2023-07-05T12:07:33","modified_gmt":"2023-07-05T12:07:33","slug":"massive-5292-bitcoin-btc-linked-to-terra-founder-do-kwon-on-the-move","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/07\/05\/massive-5292-bitcoin-btc-linked-to-terra-founder-do-kwon-on-the-move\/","title":{"rendered":"Massive 5292 Bitcoin (BTC) Linked To Terra Founder Do Kwon On The Move"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Terraform Labs (TFL) and co-founder <strong>Do Kwon<\/strong> have moved Bitcoin and different crypto belongings price thousands and thousands in the previous few months. The remaining <strong>5,292 Bitcoins<\/strong> linked to the <strong>Luna Foundation Guard<\/strong> (LFG) and Do Kwon additionally moved to a different crypto pockets earlier this week, reported South Korean information media on July 5.<\/p>\n<h2>All Bitcoin Withdrawn From Wallet Belonging To Do Kwon and LFG<\/h2>\n<p>Someone moved all 5,292 BTC price <strong>$163 million<\/strong> from a Binance pockets of the Luna Foundation (LFG) to an unknown pockets on Monday, reported South Korean media that claims to monitoring wallets belonging to TFL, LFG, and Do Kwon.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>The US Securities and Exchange Commission (SEC) mentioned Do Kwon and TFL secretly transferred 10,000 BTC to a chilly pockets after the Terra-LUNA disaster. Do Kwon proceed to switch Bitcoin from the chilly pockets to crypto financial institution Sygnum and cashed out thousands and thousands till now.<\/p>\n<p>The newest switch occurred from the LFG crypto pockets which was opened in January 2021. According to on-chain information, 5292 BTC within the LFG pockets was deposited into an unknown pockets.<\/p>\n<p><strong>Also Read: <a title=\"Twitter CEO Officially Discloses Reasons For \u201cRate Limits\u201d And Other Policy Changes\" href=\"https:\/\/coingape.com\/twitter-ceo-officially-discloses-reasons-for-rate-limits-and-other-policy-changes\/\" target=\"_blank\" rel=\"bookmark noopener\">Twitter CEO Officially Discloses Reasons For \u201cRate Limits\u201d And Other Policy Changes<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<h2>Other Withdrawals by Terra Founder and TFL<\/h2>\n<p>Terra co-founder Do Kwon and TFL have withdrawn Bitcoin and different crypto belongings price thousands and thousands throughout courtroom proceedings in Montenegro. Terraform Labs <a href=\"https:\/\/coingape.com\/breaking-terraform-labs-moves-tokens-worth-millions-a-year-after-terra-luna-crisis\/\" target=\"_blank\" rel=\"noopener\">transferred 1.8 million Convex Finance<\/a> (CVX) tokens price practically <strong>$8.7 million<\/strong>.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p>Meanwhile, stablecoins price $400,000 and Terra Classic (LUNC) price $150,000 have been withdrawn from wallets reportedly <a href=\"https:\/\/coingape.com\/do-kwon-terraform-labs-withdraw-millions-after-terra-luna-crisis\/\" target=\"_blank\" rel=\"noopener\">managed by Terra co-founder Do Kwon<\/a> to a separate pockets in May. <a href=\"https:\/\/coingape.com\/breaking-prosecutors-track-crypto-worth-millions-belonging-to-do-kwon-and-terra\/\" target=\"_blank\" rel=\"noopener\">South Korean prosecutors claimed<\/a> Terra co-founder or an affiliate transferred crypto belongings price <strong>$29 million <\/strong>since his arrest.<\/p>\n<p><a href=\"https:\/\/coingape.com\/is-terra-founder-do-kwon-really-withdrawing-lfg-related-bitcoin-in-serbia\/\" target=\"_blank\" rel=\"noopener\">CoinGape earlier reported<\/a> that Terra co-founder Do Kwon exchanged Bitcoin price $190K from the Luna Foundation Guard for money in Serbia.<\/p>\n<p>Last month,\u00a0<a href=\"https:\/\/coingape.com\/us-sec-seize-terra-founder-do-kwon-crypto-assets-in-swiss-bank\/\" target=\"_blank\" rel=\"noopener\">Swiss prosecutors froze crypto assets<\/a> and fiat forex associated to Terraform Labs and co-founder Do Kwon in Sygnum on the request of the New York Federal Prosecutors Office and the US Securities and Exchange Commission (SEC).<\/p>\n<p><strong>Also Read: <a title=\"Breaking: Financial Authorities Prepare For Crypto Asset Regulation\" href=\"https:\/\/coingape.com\/breaking-south-korea-prepares-for-second-phase-of-crypto-asset-regulation\/\" target=\"_blank\" rel=\"bookmark noopener\">Financial Authorities Prepare For Crypto Asset Regulation<\/a><\/strong><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<div class=\"quads-location quads-ad86313 \" id=\"quads-ad86313\" style=\"float:none;text-align:center;padding:0px 0 0px 0;\">\n<!--   --><\/p>\n<p><!-- \n\n<div class=\"ad-container-layout\">\n      \n\n<div class=\"ad-container\">\n        <a href=\"https:\/\/bit.ly\/3JbHb8M\" target=\"_blank\" rel=\"nofollow noopener\">\n          <img decoding=\"async\" alt=\"bitget-images\" class=\"ad-image\" style=\"\n    width: 95%;\n\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\"><noscript><img decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/06\/05005321\/bitget11-1.png\" alt=\"bitget-images\" class=\"ad-image\" style=\"\n    width: 95%;\n\"><\/noscript>\n        <\/a>\n        \n\n<div class=\"ad-content\">\n          <a href=\"https:\/\/bit.ly\/3JbHb8M\" target=\"_blank\" rel=\"nofollow noopener\">\n            <span class=\"ad-title\">Bitget is a Leading Derivatives Trading Platform. 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Being a know-how fanatic and analytical thinker, he has shared his data of disruptive applied sciences in over 5000+ information, articles, and papers. With CoinGape Media, Varinder believes within the big potential of those modern future applied sciences. He is presently overlaying all the most recent updates and developments within the crypto business.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/f187fb5b7b3b0b9367ef83384cb40d5f?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD153418\">\n<p>  The introduced content material could embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any accountability in your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/twitter-is-now-worth-just-33-of-elon-musks-purchase-price\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31173623\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31173623\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" decoding=\"async\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Twitter is now worth just 33% of Elon Musk&rsquo;s purchase price <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/will-cramer-curse-strike-again\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31165520\/will_cramer_curse_strike_again_720.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/05\/31165520\/will_cramer_curse_strike_again_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" decoding=\"async\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Will Cramer Curse Strike Again? 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The remaining 5,292 Bitcoins linked to the Luna Foundation Guard (LFG) and Do Kwon additionally moved to a different crypto pockets earlier this week, reported South Korean information media on July [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[20,31,995,1368,668,1301,1536,423],"class_list":["post-25165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-btc","tag-founder","tag-kwon","tag-linked","tag-massive","tag-move","tag-terra","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/25165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=25165"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/25165\/revisions"}],"predecessor-version":[{"id":25166,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/25165\/revisions\/25166"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/17837"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=25165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=25165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/t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