LFG Denies Sending 3,313 Bitcoins to Exchanges

Luna Foundation Guard, which is associated with the founder of the Terra ecosystem, Do Kwon, has officially denied reports that it has sent 3,313 bitcoins to cryptocurrency exchanges.

Remember that the CryptoQuant team unveiled this information at the beginning of the week.

The analysts of the company found out that LFG had sent 3,313 BTC to OKX and KuCoin for further implementation.

The assets were placed on exchange wallets after the issuance of an arrest warrant for Do Kwon at the initiative of Korean law enforcement agencies. Later it became known the exchanges had frozen these Bitcoins.

The day before, the press service of the fund denied the placement of the cryptos on trading floors.