Suspect Invades Terra Founder Do Kwon's Home Amid LUNA/UST Debacle: Investor Demands Accountability
The turbulent saga surrounding Terraform Labs and its associated cryptocurrencies, LUNA and UST, continues. Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an individual claiming to be an aggrieved investor.
LAGOS (CoinChapter.com) Terra’s recent debacle has taken another unfortunate twist as an alleged LUNA investor invaded the home of Terraform Labs co-founder. The suspect urged Kwon to take responsibility for the cryptocurrency crash that left LUNA/UST investors with nothing. The investor asked Terra founder to apologize to affected individuals.
This incident occurs as legal pressure mounts on Kwon and Terraform Labs. El cofundador de Terraform Labs está acusado de nueve cargos criminales. The trial against Do Kwon, el empresario de origen surcoreano señalado como responsable por the LUNA/UST collapse, remains a significant point of interest. Furthermore, El cofundador y CEO de Terraform Labs, creadores del ecosistema Terra y sus criptomonedas Asociadas LUNA y UST, Do Hyeong Kwon, fue detenido el jueves en un separate incident, highlighting the continued legal scrutiny.
Through Terraform Labs, Do Kwon developed the Terra proof-of-stake, a public blockchain built on the Cosmos SDK. He is also the founder of another failed stablecoin, further fueling criticism of his role in the LUNA/UST collapse. This home invasion underscores the intense emotional and financial distress experienced by many investors impacted by the instability of LUNA and UST.