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Mysterious movement of 3313 bitcoins after Do Kwon’s arrest warrant issued

5:33 pm, September 27, 2022

According to CoinDeskKorea, shortly after Interpol issued a «red notice» to law enforcement agencies around the world for the arrest of Terraform Labs co-founder Do Kwon, 3,313 BTC were transferred from the Luna Foundation Guard (LFG) Binance wallet to the Kucoin and OKX cryptocurrency exchanges.

As it became known, representatives of Kucoin immediately froze the received 1,354 BTC at the request of Korean law enforcement agencies, while OKX ignored the request of law enforcement officers. It is currently unknown who made the transfer and for what purpose. However, it is clear that Do Kwon is directly involved.

Interestingly, one of the most wanted cryptocurrency fraudsters in the world is not worried about his situation at all, Do Kwon continues to communicate with his followers on Twitter. «I'm writing code in my living room,» Kwon said in response to questions about his whereabouts from Twitter users.

As a reminder, on September 26, Interpol issued a «red notice» to Kwon and put him on the wanted list in 195 countries. However, Kwon is not bothered by this at all. He posted a link to the Interpol website and said that his name was not on it. However, the crypto fraudster did not disclose his exact location, saying that he was «making minimal efforts to hide.» The founder and CEO of TerraformLabs is accused by the South Korean authorities of violating the country’s financial markets laws.

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