{"id":136700,"date":"2024-09-04T08:30:18","date_gmt":"2024-09-04T05:30:18","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136700"},"modified":"2024-09-03T17:35:37","modified_gmt":"2024-09-03T14:35:37","slug":"do-kwons-bitcoin-wallets-see-massive-transfer-amid-ongoing-legal-battle","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/do-kwons-bitcoin-wallets-see-massive-transfer-amid-ongoing-legal-battle\/","title":{"rendered":"Do Kwon&#8217;s Bitcoin Wallets See Massive Transfer Amid Ongoing Legal Battle"},"content":{"rendered":"<p>Since then, Terraform Labs\u2019 founder Do Kwon has been entangled in legal and extradition issues. Currently, it\u2019s uncertain whether Kwon will be sent to South Korea or the United States, as the extradition process continues.<\/p>\n<p>Recently, reports have emerged indicating a significant transaction involving Kwon\u2019s cryptocurrency holdings.<\/p>\n<p>According to recent blockchain data, a total of 1,075 BTC, valued at approximately $63.9 million, has been <strong><a href=\"https:\/\/www.blockchain.com\/explorer\/transactions\/btc\/2f80cd23eb0656d2699e26c943fed56ff13da0037790115842190a6d7c5e81ca\" rel=\"nofollow\">moved<\/a><\/strong> from Kwon\u2019s wallet to an unidentified account. This marks the third occasion on which funds have been transferred from this wallet.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-136650\" href=\"https:\/\/cryptodnes.bg\/en\/ethereum-revenue-crashes-99-since-march-as-layer-2-solutions-surge\/\" title=\"Ethereum Revenue Crashes 99% Since March as Layer-2 Solutions Surge\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/ethereum-4-1-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Ethereum Revenue Crashes 99% Since March as Layer-2 Solutions Surge<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Digital Asset has been monitoring Kwon\u2019s transactions since November 2022 and suggests that these wallet activities likely involve Kwon himself. The latest transaction occurred four months ago, highlighting ongoing movements in the complex case surrounding Kwon and his assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over two years have elapsed since the dramatic collapse of Terra-UST, which significantly impacted the Bitcoin and broader cryptocurrency markets.<\/p>\n","protected":false},"author":3,"featured_media":36954,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27,22],"tags":[],"coin_category":[],"class_list":["post-136700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Do Kwon&#039;s Bitcoin Wallets See Massive Transfer Amid Ongoing Legal Battle<\/title>\n<meta name=\"description\" content=\"Over two years have elapsed since the dramatic collapse of Terra-UST, which significantly impacted the Bitcoin and broader ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptodnes.bg\/en\/do-kwons-bitcoin-wallets-see-massive-transfer-amid-ongoing-legal-battle\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Do Kwon&#039;s Bitcoin Wallets See Massive Transfer Amid Ongoing Legal Battle\" \/>\n<meta property=\"og:description\" content=\"Over two years have elapsed since the dramatic collapse of Terra-UST, which significantly impacted the Bitcoin and broader ...\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-04T05:30:18+00:00\" 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