Do Kwon, The chief of Terra, has received a lot of media attention recently. South Korean authorities are working to investigate Terra Luna’s downfall, while the leader of Terra, Kwon himself, also faces charges of money laundering and tax evasion.
A Lengthy Thread of Accusations
On June 11th, self-proclaimed Terra insider named ‘FatManTerra’, accused Do Kwon of cashing out withdrawals of $80 million monthly, 33 times. If the allegations are true, it would sum up to a whopping $2.75 billion; but those who thought Do Kwon would admit any wrongdoing had another thing coming.
Speaking in his own defense, Kwon stated that the accusations are “categorically false” and make little sense. Do Kwon reiterated: “I’ve said this multiple times but I really don’t care about money that much”. However, suspicion is mounting as it was revealed that a LUNA wallet with over 20 million LUNA tokens was used to vote in favor of Do Kwon’s hard fork proposal, which the community had previously shown disdain for, and ‘FatManTerra’ claims to be sure that Do Kwon is the owner of the mysterious wallet.
A Kwonzi Scheme?
Kwon 以在社交媒体上与流行歌星级别的争吵而闻名，他坚称他只以现金的形式拿钱，而 Terra Labs 的首席执行官有权从他的公司获得工资：“在过去的两年里，我唯一赚到的只是 TFL 的名义现金工资。” 然而，投资者怀疑 Kwon 的说法，导致韩国当局应五名投资者的要求对 Terra 生态系统崩溃进行调查，这些投资者累计损失了 110 万美元。
Terra Luna 2.0 在通往另一个惨败之路上
在丑闻的 Terra (LUNA) 和 Terra (UST) 事件最初发生几周后，迅速复兴的 Terra 区块链作为 LUNA 2.0 重新投放市场。 截至发稿时，新的 Terra (LUNA) 代币交易价格为 2.59 美元，比两周前重启硬分叉区块链时下降了 75.5%。
在撰写本文时，现在由 Terra Luna Classic (LUNC) 发行的旧代币交易价格为 0.00006137 美元，过去两周亏损 51.3%，这表明一般加密社区似乎对 Do Kwon 的计划失去了信任。
