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Luna Guard Moves 1.974M AVAX After SEC Settlement
May 31, 2024
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by Coinpedia
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The post Luna Guard Moves 1.974M AVAX After SEC Settlement appeared first on Coinpedia Fintech News
The Luna Foundation Guard reportedly moved a significant amount of cryptocurrency between 11:29 and 11:33 UTC+8. Specifically, 1.974 million AVAX, valued at approximately $71.2 million, was transferred to an unidentified address, “0x13…2e27.” This move has raised questions about the foundation’s financial strategies. Notably, this activity comes shortly after Terraform Labs and its co-founder Do Kwon settled a civil fraud case with the SEC.
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