The Arkham Intel alternate, a market for getting and selling on-chain records, made its first bounty cost to users who known wallets belonging to Terraform Labs and its founder Attain Kwon.

An nameless user, and pseudonymous Twitter user “@ErgoBTC” who works at OXT Research, were paid 9519 ARKM tokens for his or her submission, price spherical $5,000 at the time of writing.

ErgoBTC shared further details of his be taught, which he first made public in October, when the Luna Foundation Guard, the entity within the support of the Terra ecosystem, claimed to gain neutral one Bitcoin pockets funded with 313 BTC.

“Whereas it is miles going to be right that here is the most keen formally ‘declared’ pockets controlled by the LFG, they seem to gain did no longer tale for the path of bread crumbs left by the change outputs historical to fund their original declared pockets,” wrote ErgoBTC at the time.

Over the route of the subsequent few months, the researcher continued to trace the funds, noting that they continued to creep even after Kwon’s arrest in March.

(Laura Shin confronts Kwon about LFG’s Bitcoin holdings being worthy greater than it publicly claimed on this episode of Unchained.)

The pockets in query, which has now been officially labeled “Terraform Labs” on Arkham’s platform, looks to shield $160 million price of crypto, of which $153 million sits in Bitcoin.