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Do Kwon infringement silence triggers various responses from the community

  • News
  • August 16, 2022
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The community responded with various sentiments against the Terra executive, as the Terra (LUNA) co-founder and CEO Do Kwon broke his silence about the collapse of the algorithmic stablecoin Terra USD (UST) and LUNA. According to podcaster Eric Conner, while Tornado Cash developers are fearing for their lives, Do Kwon is “partying”.

 

Community members remain unhappy with the Terra CEO despite Kwon’s attempts to clear his name in an interview. In a tweet, podcaster Eric Conner compared Do Kwon’s situation with the Tornado Cash developer. Conner claimed that Kwon cheated billions and is still “partying” while Tornado Cash developers wrote some code for privacy and are now “fearing for their lives.” 

Crypto researcher FatManTerra also published his thoughts on Kwon’s interview. The researcher defined the interview as a “nothing burger.”

Bitcoin (BTC) preacher Cory Klippsten also weighed in. Klippsten encouraged those who lost their money in the Terra collapse to pursue legal action against Do Kwon. Analyst Hailey Lennon on the other hand believes that the Do Kwon interview doesn’t deserve the community’s attention. “I’m not sharing a link because it doesn’t deserve clicks,” she claimed. 

While there’s a lot of criticism towards the recent Do Kwon interview. Some still try to shill LUNA and proclaim that Kwon is innocent. A Twitter user wrote that the Terra CEO is presently building a “better LUNA” and did not change his daughter’s name.

In June, South Korean prosecutors imposed a travel ban on Terraform Labs employees. Since Kwon is already in Singapore, the authorities may consider cancelling his passport in order to launch a comprehensive investigation against him.

In July, the authorities in South Korea acted against those who were linked to the Terra collapse. The act was a response to the many legal complaints against the company for the stablecoin incident.

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