Arkham unveils Terraform’s and Do Kwon’s secret holdings
Arkham Intelligence, a crypto data provider, has disclosed crucial information regarding the crypto holdings and wallet activity of Terraform Labs and its founder, Do Kwon. The revelation came from an anonymous sleuth and renowned crypto analyst, ErgoBTC. He won a $5,000 bounty granted by Arkham and submitted the data to Arkham Intelligence for the Arkham Intel Exchange. The Arkham Intel Exchange now has its first approved submission: new evidence of wallets owned by Do Kwon / Terraform Labs. An anonymous on-chain sleuth and @ErgoBTC were the successful bounty hunters. The new labels are available for all to track here: https://t.co/GT9dCGU5q6 pic.twitter.com/0QruCFQ4OS — Arkham (@ArkhamIntel) July 24, 2023 Over $160m held by Terraform and Do Kwon According to the data, Terraform Labs and Do Kwon currently hold $161.27 million in crypto assets. Despite this impressive figure, the cumulative loss on their holdings stands at $61 million. Bitcoin (BTC) is the largest compo...