A wallet linked to Terraform Labs and its co-founder Do Kwon moved $62 million worth of bitcoin to another address.

- Terraform moved more than 1,075 BTC on September 2, according to Arkham Intelligence.

- It is unclear whether Kwon himself, who is awaiting extradition from Montenegro, was responsible for the transfer.

- As a reminder, the Terra ecosystem collapsed in 2022, and Kwon was arrested in 2023.

Stay tuned! 🚨