Luna Foundation Guard (LFG) transferred a total of 3,313 bitcoins to cryptocurrency exchanges after an arrest warrant was issued for Terraform Labs CEO Do Kwon.
Recall that in May, almost all digital currencies collapsed due to the collapse of the Terra ecosystem and the UST algorithmic stabelcoin. As a result of the turbulence in the cryptosphere, investors lost more than $40 billion.
After that, law enforcement authorities began investigating Terraform Labs, a company associated with the development of the Terra project.