Korean media: The LFG wallet held by Do Kwon recently transferred 5,292 BTC to a new address
ChainCathcer news, Terraform Labs CEO Do Kwon's Luna Foundation Guard (LFG) wallet address has transferred all 5,292 BTC (approximately $163 million) to a new anonymous wallet address, which had previously shown no connection to Do Kwon. Additionally, this wallet withdrew 351 BTC on May 8.
Before the transfer, there were seemingly test transactions between the two wallets, exchanging 0.0211 BTC three times on June 22 and 23.
Previous report, Swiss prosecutors froze approximately $26 million in assets belonging to Do Kwon and others, including Bitcoin, which are stored in the digital asset bank Sygnum in Zurich, Switzerland. (Source link)
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