Over $160M worth of Bitcoin moved from a reported Luna Foundation Guard wallet. The transaction comes amid ongoing investigations into the collapse of Terra.
a balance of roughly 6,983 BTC in October 2022, with several transactions moving funds to different addresses over the last nine months. At the time of publication, the wallet had a balance of 0.152427 BTC, or roughly $4,649.
the sender’s wallet address was associated with LFG, but Cointelegraph was unable to independently confirm this claim. The organization was launched as part of attempts to stabilize the volatility of LUNA tokens by backing the project with TerraUSD — an approach that ultimately failed.
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