TerraUSD founder Do Kwan faces criticism for market-wide meltdown

Do Kwon is the mastermind behind failing cryptocurrencies TerraUSD and Luna. Their collapse on Thursday triggered a broader meltdown in the crypto market. Now Kwon faces scrutiny about the soundness of his underlying technology.

Kwon’t

its hard to blame him. hes not the one that dumped the assets. he's the fool, not the fraud.

cryptocrash CryptoNews

Does he have any explanation on it?

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Bitcoin panic sinks cryptocurrency to below half its peak valueThe $1tn cryptocurrency meltdown intensified today as bitcoin sank to levels not seen since the retail investor frenzy that fuelled its dizzying rise at the height of global lockdown I hope the bitcoin spammers were heavily invested themselves. If you bought Bitcoin as an investment you deserve to lose everything. Bernie Maddoff would be proud of the kooks that invested in crypto .
Source: The Times - 🏆 71. / 59 Read more »