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Published 2 years ago

Do Kwon Interview Explains He's 'Devastated' by LUNA Collapse, Says 'There's a Difference Between Failing and Fraud' – Bitcoin News

Summary by Ground News
Terraform Labs (TFL) founder Do Kwon said he was devastated by the LUNA and UST implosion that took place in mid-May. He told the WSJ that he was probably a billionaire when LUNA tapped an all-time high before the collapse, but lost a great portion of his net worth following the aftermath. Kwon and Terraform Labs are also being sued in a class-action lawsuit that claims the co-founder misled investors.

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