🚨 Crypto News Flash! 🚨
- Amid the ongoing unwind of Terraform Labs and the extradition battle of its founder Do Kwon, a wallet linked to both moved $62.8M worth of Bitcoin! 💸
- On Sept. 2, 1,075 BTC were transferred to a new wallet, according to Arkham's on-chain analytics.
- Terraform Labs, required to disband by the SEC, has about $2M in altcoins left.
- The Terra collapse in mid-2022 caused over $60B in damages, impacting firms like Three Arrows Capital and FTX.
- Do Kwon, apprehended in Montenegro, faces extradition disputes between the U.S. and South Korea.
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