Since the arrest of TFL founder and CEO Do Kwon in Montenegro on Mar. 23, large amounts of Bitcoin (BTC) have continued to flow outward from a Luna Foundation Guard (LFG) wallet. Kwon established the LFG in January 2022, supposedly to protect the UST peg.Bitcoin was regularly extracted from the LFG
Nearly a year after the Terra ecosystem collapse of May 8, 2022, has uncovered the addresses of six private wallets utilized by TFL founder and CEO Do Kwon.Two of these wallets are linked to Terra Station, a wallet infrastructure service that makes wallets compatible with the Terra n
A year after the UST/LUNA crash of May 8, 2022, has identified six of the personal wallets of Terraform Labs (TFL) founder and CEO Do Kwon.Two of these wallets are linked to Terra Station, a wallet infrastructure service that makes wallets compatible with the Terra network. The remai
A Luna Foundation Guard (LFG) wallet controlled by Terraform Labs (TFL) founder and CEO Do Kwon has transferred an additional 111.5 BTC since Kwon's arrest in Podgorica, Montenegro, on Mar. 23. This transaction follows a movement of 98 BTC that occurred on Apr. 28. This means that the LFG wallet has
Terraform Labs (TFL) CEO and founder Do Kwon moved around 98 BTC from a wallet tied to the Luna Foundation Guard (LFG) between Apr. 28 and May 1.Since these transfers started over a month after Kwon was arrested in Podgorica, Montenegro, they were likely conducted by accomplices of Kwon.
"CoinMarketCap, they have a ton of exchanges. A lot of them are fake volume exchanges," Medalie says."Just before this call, I looked at their top exchanges ranked by volume, and you get exchanges I've never heard of. CoinMarketCap ranks (Exchange B) as number three, but there's so much wash trading
It's been nearly a year since the UST/LUNA collapse in May 2022.After Terraform Labs (TFL) founder and CEO Do Kwon was arrested in March 2023 in Podgorica, Montenegro, authorities in both the US and South Korea requested his extradition. is the only media outlet that has utilized on-c
Shortly after Terraform Labs (TFL) CEO and founder Do Kwon was arrested in Podgorica, Montenegro, on Mar. 23, The Seoul Southern District Prosecutors' Office and the Ministry of Justice (MOJ) both requested Kwon's extradition to South Korea.Authorities in the US also moved to indict Kwon and request
Digital Asset has confirmed the address of a luxury apartment in Serbia where Terraform Labs (TFL) founder and CEO Do Kwon and former Chai Corporation CEO Chang Joon Han likely resided. The apartment is registered to Han. On Apr. 10, Digital Asset confirmed that an apartment in the Savski Venac muni
When Terraform Labs (TFL) founder and CEO Do Kwon was arrested in Montenegro on Mar. 23, the Seoul Southern District Prosecutors' Office and the Ministry of Justice immediately requested Kwon's extradition to South Korea.US authorities also moved to indict Kwon and request his extradition to the Uni
The Financial Information Unit of South Korea's Financial Services Commission (FSC) has requested that Binance explain past allegations related to money laundering.Binance acquired the majority of shares of Streami (the company that operates Gopax) and replaced its registered executives with Binance
Stocks for IT consulting firm Vidente may be delisted, meaning trading for Vidente stocks is suspended until further notice. Bithumb, a major South Korean crypto exchange, is Vidente's majority shareholder.On Mar. 31, the Korea Exchange (KRX)'s KOSDAQ Market Division announced, "There may be legitim
is the first media outlet to publicly reveal the address of the company that Kwon set up in Belgrade, Serbia while evading authorities.Kwon is currently being prosecuted for various charges of fraud in connection to the Terra/UST ecosystem crash of May 2022.It seems unlikely that Kwo
ETH Denver, the world's largest gathering of blockchain and web 3 developers, was held in Denver, Colorado, from Feb. 24 to Mar. 5 of this year.It was at this event where Digital Asset met with Fredrik Haga, co-founder and CEO of Dune Analytics.Click here for the interview in Korean.We meet Haga at
A Montenegrin court in Podgorica has stated that Terraform Labs (TFL) CEO and founder Do Kwon will likely be tried for forging documents behind closed doors. The date of the trial has yet to be determined. Maja Kosovic, a public information officer at the Basic Court in Podgorica, revealed this info
Montenegrin police have revealed that Terraform Labs (TFL) CEO and founder Do Kwon is being held at the Spuz detention facility outside the capital of Podgorica."After a Montenegrin basic court sentenced Do Kwon to detention for up to 30 days, Kwon was transported to the Spuž detention facility," sa
sent journalist Jaden (Sanghyuk) Park to Podgorica, Montenegro, on Mar. 25 to follow up on the arrest of Terraform Labs (TFL) CEO and founder Do Kwon and Chang Joon Han, former CEO of Chai Corporation.Kwon was arrested at Podgorica Airport on Mar. 23 for using a falsified passport an
Terraform Labs (TFL) CEO and founder Do Kwon is arrested in Podgorica Airport, Montenegro, on Mar. 23. Source: Inside Edition YouTube screenshotTerraform Labs (TFL) CEO and founder Do Kwon was arrested at Podgorica Airport in Montenegro on Mar. 23.The arrest comes 11 months after the UST/Terra crash
※ It was originally reported that Terraform Labs (TFL) CEO and founder Do Kwon sent $4.5 million to a top Korean law firm, but this amount has been corrected to $9 million.Terraform Labs (TFL) CEO and founder Do Kwon sent $9 million to a major Korean law firm through transfers made in July and Augus
Terraform Labs (TFL) CEO and founder Do Kwon founded a crypto firm during his time in Serbia, where he traveled in September 2022 to avoid investigations from authorities regarding his involvement in the Terra/UST collapse of May 2022.Sources in the Serbian prosecutor's office and the US Attorney's