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Crypto user moves $160M Bitcoin from Luna Foundation Guard wallet: Report

Summary by Ground News
An unknown party has moved more than $160 million worth of Bitcoin from a wallet tied to Luna Foundation Guard (LFG) LFG is an organization connected to Terraform Labs and its co-founder Do Kwon. The transaction was the latest in a series of moves of crypto assets from LFG-controlled wallets amid and following the collapse of Terra.

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CointelegraphCointelegraph
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Crypto user moves $160M Bitcoin from Luna Foundation Guard wallet: Report

Roughly 5,292 Bitcoin from a wallet reportedly connected to Terraform Labs and Do Kwon was moved to a different address on July 3.

·Dubai, United Arab Emirates (the)
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Cointelegraph broke the news in Dubai, United Arab Emirates (the) on Wednesday, July 5, 2023.
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