In addition to Arkham Intel Exchange’s recent bounty of 100,000 ARKM airdrop tokens offered to anyone who could solve the FTX mystery, Arkham has just released its next bounty. The intel exchange is offering $5,000 for information on Terra co-founder Do Kwon. Here’s everything you need to know.
- Arkham Intel Exchange is offering a $5,000 bounty for information on Terra co-founder Do Kwon. Do Kwon is currently in a Montenegrin prison. The platform aims to deanonymize the blockchain and has received its first submission from on-chain sleuths concerning wallet addresses linked to Terra and Kwon.
- The submission could challenge Terra’s claims of owning only one Luna Foundation Guard wallet with 313 BTC in reserve. However, some in the crypto community view Arkham as a glorified snitching service due to its 90-day information release policy.
- Terra has faced controversy, with the 2022 crypto market crash and Do Kwon’s mysterious whereabouts leading to a four-month prison sentence in Montenegro. Co-founder Shin Hyun-Seong is also under investigation in South Korea for alleged illicit profits from LUNA token sales. Crypto detectives have a chance to earn rewards by sharing valuable intel on Kwon or Terra’s wallets with Arkham Intel Exchange.
Another Bounty From Arkham Intel Exchange
The Arkham Intel Exchange is offering a bounty of $5,000 ARKM airdrop tokens for valuable intel on none other than Do Kwon, the co-founder of Terra. You may have heard that Do Kwon has been in a Montenegrin prison lately, and with the platform still facing scrutiny in South Korea, people are eager to uncover information about his Terra wallets.
Guess what? A group of brilliant on-chain sleuths recently made their move! Arkham Intel Exchange just announced on July 24th that they’ve received their first submission. The submission is about wallet addresses linked to Terraform Labs and Do Kwon. The two sleuths, an anonymous user, and Ergo, the self-proclaimed “glorified accountant” from OXT Research, provided the platform with evidence of wallets owned by Kwon and Terra. This could potentially challenge Terra’s public statements claiming ownership of only one Luna Foundation Guard wallet, which reportedly holds around 313 Bitcoins.
Terra has had its fair share of controversy in the past. Remember the 2022 crypto market crash? Well, Terra was at the center of it when their algorithmic stablecoin, TerraClassicUSD (USTC), uncoupled from the US dollar. To add to the drama, Do Kwon’s whereabouts were a mystery for quite some time between May 2022 and March 2023. Finally, the authorities in Montenegro caught up with him, leading to a four-month prison sentence for using forged travel documents.
Additionally, there’s more happening in the Terra camp. In South Korea, individuals connected to the platform are also facing a thorough investigation. Just this July, co-founder Shin Hyun-Seong, aka Daniel Shin, had his first hearing. The charges against him are related to alleged illicit profits from the sale of LUNA tokens.
About The Exchange
Curious about Arkham Intel Exchange? It’s a platform designed to deanonymize the blockchain. Some folks in the crypto community aren’t entirely sold on the idea. They view it as more of a glorified snitching service. Here’s how it works: users can post bounties asking for information on blockchain transactions. But Arkham only makes the information public 90 days after approval. So, the details about Kwon and Terra’s wallets might become available around late October.
So, crypto detectives, this is your chance to score big with the ARKM Airdrop Reward! If you’ve got any juicy intel on Do Kwon or Terra’s wallets, don’t hesitate to share it with Arkham Intel Exchange. The crypto community eagerly awaits the unveiling of the secrets that could be revealed around late October. So, stay tuned for updates, and let’s see how this intriguing bounty hunt unfolds!