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Controversial Arkham Intel Exchange Approves First Ever Bounty Hunt for Former Terraform Labs CEO Do Kwon

The Arkham Intel Exchange, a controversial platform, has approved its first-ever bounty hunt. Two crypto sleuths discovered evidence of crypto wallets belonging to Do Kwon, the former Terraform Labs CEO and now international fugitive.

The platform had posted a bounty requesting more information on Kwon, and the two sleuths won a payout of 9,519.26 ARKHM, worth about $4,950, for successfully completing the bounty. The platform incentivizes users to find on-chain data via a bounty system, but it has stoked controversy in the crypto community, with some critics arguing that it could be used to dox innocent people.

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