Arkham will pay out a $5K bounty for intel on wallets reportedly tied to Terra co-founder Do Kwon.
from many in the crypto space, who describe the platform as little more than a glorified snitching service. The firm allows users to post bounties requesting information on blockchain transactions, which will be released to the public 90 days following approval at Arkham. This suggests all information on the Kwon and Terra wallet addresses may become available in late October.
Terra was at the forefront of controversy in the 2022 crypto market crash when the platform’s algorithmic stablecoin, TerraClassicUSD , depegged from the United States dollar. Kwon’s whereabouts were largely unknown from May 2022 until March 2023, when authorities in Montenegro arrested and laterIndividuals connected to Terra in South Korea are also currently under scrutiny from local authorities investigating the exchange.
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Arkham Intel Exchange goes after Do Kwon crypto wallets with first bountyThe payout for the approved bounty submission is 9,519.26 ARKHM, which is worth $4,950.
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