BTC worth KRW 31.5 billion deposited into Kwon Do-hyung's wallet
It has been confirmed that about 366 BTC (about 31.5 billion won as of May 10) was deposited into the wallet of Terraform Labs founder Kwon Do-hyung, according to Digital Asset. The media reported, “Approximately 366 BTC was transferred to Kwon Do-hyung's wallet in twelve transfers from seven wallets on April 26-May 1. No specific information is known about the owners of these seven wallets. It has been about three months since Jan. 18, 2024, that the wallets have seen any movement of funds.”