The Arkham Intel Exchange Approves First-Ever Bounty Hunt
The highly controversial Arkham Intel Exchange has approved its first-ever bounty hunt, targeting the crypto wallets of Terra co-founder Do Kwon. With Do Kwon currently in jail, crypto users have been searching for information about his wallets.
Key Points:
– The Arkham Intel Exchange is a platform that facilitates the trading of on-chain data.
– Two crypto sleuths were paid for their submission of evidence of Do Kwon’s wallets.
– The evidence contradicts public statements made by Terra about its Luna Foundation Guard wallet.
– ErgoBTC, one of the bounty hunters, has been tracking the funds and noted movement even after Do Kwon’s arrest.
– The tracked wallet, named Terraform Labs, currently holds around $160 million worth of crypto.
The Arkham Intel Exchange
The Arkham Intel Exchange launched to negative reactions from the crypto community, with concerns about privacy and doxing innocent individuals. Users can place bounties for blockchain transaction information, which is released to the public after approval. Information about Do Kwon’s wallets may be available in October.
The Terra Collapse
The collapse of TerraUSD and LUNA triggered chaos in the market. Do Kwon was charged with securities violations by the SEC and sentenced to four months in prison. Other individuals connected to Terra are also under investigation.
Hot Take:
The Arkham Intel Exchange’s approval of its first-ever bounty hunt targeting Do Kwon’s crypto wallets adds to the controversy surrounding the platform. The evidence provided by the bounty hunters contradicts Terra’s statements and raises questions about the movement of funds even after Do Kwon’s arrest. The outcome of this bounty hunt could have significant implications for the Terra ecosystem and the ongoing investigations into Terra-related individuals.
By
By
By
By
By