TerraUSD (UST) and Terra (Luna) After the collapse, many investors’ portfolios became worthless, frightening many investors. Despite all these negative developments, Terraform Labs founder Do Kwon continues his life as if nothing had happened.
After the creation of Terra 2.0 with 65.50% of the management votes in the Terra ecosystem, Do Kwon hardly talks about the old ecosystem nowadays referred to as LUNC. Investors on social media claim that Do Kwon has left LUNC and is much more concerned about Terra 2.0.
However, the Twitter user who disclosed the internal events of the Terraform Labs team ‘FatManTerra‘ claimed that Do Kwon deliberately stopped talking about LUNC entirely because the team was trying to “clean up the evidence” about the accident.
FatManTerra, who took part in the ‘question-answer’ session in Telegram, did not leave a question sent to him unanswered. Answering the question about why Do Kwon didn’t talk about Terra Classic, FatManTerra stated that Do Kwon and his team are trying to make investors forget about the TerraUST and LUNC crash altogether. He added that after they crashed the investors’ money, they erased all responsibility for the failures and generally moved on with life.
“Part of the motivation behind Terra 2.0 is to clean up the evidence. I believe one of the reasons for all this is that Terra Classic has been erased from people’s minds. Thus making people forget the havoc the UST/LUNA collapse has wreaked on people’s lives. Do Kwon wants people to forget all this.
FatManTerra by Do Kwon LUNA 2.0He stated that his primary goal in . is to make money for himself and his team.
“It’s trying to get people to focus on the next new thing. So they can reduce accountability and also want to make money; That, as always, is his primary purpose.”
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.