Do Kwon Denies Attempting to Cash Out $67M in Bitcoin After Arrest Warrant Issued | CoinMarketCap

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The Luna Foundation Guard has issued its own denial — and says that no new wallets or Bitcoin transfers have been performed since May 2022.

It went on to share its "official" crypto address, which last performed transactions four months ago. The total balance of this wallet currently stands at 313 BTC — about $6 million.He's claimed that he is making "zero effort" to hide his whereabouts — and says he's just coding in his living room, going on walks, and visiting shopping malls.

Kwon went on to suggest that it's highly likely that some members of Crypto Twitter would have seen him out and about.He's facing charges in South Korea related to the collapse of LUNA and UST, which wiped an estimated $60 billion from the crypto market. As well as being accused of financial fraud and falling afoul of South Korea's capital markets laws, class action lawsuits have been unveiled in the United States.I cover the crazy world of crypto.

 

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Transparency….

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