Join our feeds to automatically receive the latest headlines, news, and information formatted for your club's website or news reader.

Do Kwon Receives Threats for his ‘Crimes’ From Anonymous’ Video

Written by
Do Kwon Receives Threats for his ‘Crimes’ From Anonymous’ Video thumbnail
    • Hacktivist group pledged to bring Terra founder Do Kwon’s crime to light.
    • The group demanded imprisonment for Kwon, citing his alleged wrongdoings.
    • Anonymous ensured they can “go to the end” to bring justice to Terra investors.

The notorious hacktivist organization, Anonymous, pledged to expose Terraform Lab co-founder Do Kwon’s “crimes” through a YouTube video. In the two-minute video, the hacker group mentioned the events that led to the plummet of LUNA and UST in May.

The hacktivists recapped a list of Kwon’s alleged wrongdoings, including cashing out $80 million cash from LUNA and UST before the collapse, also his role in the downfall of StableCoin Basis Cash, which Kwon allegedly co-created in 2020 under the pseudonym Rick Sanchez.

In this regard, Anonymous critiqued Kwon for his “arrogant tactics” of trolling his competitors and for “acting like he would never let you down.” Further, the group acknowledged how sometimes businesses and projects fail, however, they asserted that Kwon had “bad intentions” from the very beginning.

Anonymous announced that the group demanded imprisonment for Kwon and stated that they will “go to the end” of the matter to ensure that. Anonymous ended the video with a message for Kwon that states:

Do Kwon, if you are listening. Sadly, there is nothing that can be done to reverse the damage that you have done. At this point, the only thing that we can do is hold you accountable and make sure that you are brought to justice as soon as possible. We are Anonymous. We are legion.

The Terra collapse shook the crypto market while pushing some investors to the edge of the cliff only to bear the brunt and yearn for justice. On the other hand, some sent out serious threats to Terraform Labs.

As US SEC and the South Korean government extensively scrutinize the dramatic plummet of the project, Kwon walks free. He even rolled out another project during this time which irked a congregation of people in the crypto community, including this hacktivist group.

To give a background, anonymous is a decentralized international collective of hacker activists known for organizing cyberattacks on government agencies and institutes, private corporations, and even the Church of Scientology.

In June last year, Anonymous’ YouTube channel targeted Tesla CEO Elon Musk for allegedly “destroying lives” using his influence on Twitter to tamper with the crypto market. To date, this video has garnered almost 3.4 million views.

Article Categories:
Bitcoin · Do Kwon · Latest Post · Luna · Market · Market News · News · Terra

Leave a Reply

Your email address will not be published. Required fields are marked *