CryptoNews: The first-ever bounty hunt has been facilitated by the Arkham Intel Exchange, a platform that uses a bounty system to encourage users to discover on-chain data which launched on July 10.
Do Kwon, the former CEO of Terraform Labs and currently a worldwide wanted man, was the subject of a bounty placed by the site, and two on-chain sleuths discovered evidence of his cryptocurrency wallets.
An anonymous blockchain investigator and ErgoBTC completed the bounty and received platform permission to get a payout of 9,519.26In May 2022, Terraform Labs saw one of the biggest collapses in the history of the industry with its stablecoin TerraUSD and Luna token.
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Arkham Intel Exchange goes after Do Kwon crypto wallets with first bountyThe payout for the approved bounty submission is 9,519.26 ARKHM, which is worth $4,950.
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Arkham Intel Exchange approves $5K bounty for info on Do Kwon and Terra walletsAn unnamed “on-chain sleuth” and OXT Research analyst Ergo will receive roughly $5,000 from Arkham Intel Exchange for information on wallet addresses connected to Terra and Do Kwon.
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