Terra

Influencer

<ul class="news-points">
 <li>Crypto influencer Rasgard accuses Do Kwon of fraud in the Terra Luna collapse.</li>
 <li>The SEC filed a lawsuit against Terraform Labs and Do Kwon.</li>
 <li>Terra Luna’s collapse sparked regulatory scrutiny of the crypto market.</li>
</ul>
Crypto influencer Rasgard recently took to X (formerly Twitter) to shed light on the alleged wrongdoings of Do Kwon and the now-bankrupt Terraform Labs, the company behind the $40 billion collapse of the Terra Luna stablecoin project. Rasgard accused Kwon of deception and manipulation, stating that the Terraform Labs founder “always played his own game and misled people.”
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 This is Do Kwon. Net worth over $3 billion. Founder of Luna and UST, whose collapse wiped out $45 billion in one week. Here's the untold story behind it <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/I4Db8k4NXk" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/I4Db8k4NXk</a>— Rasgard (@rasgard_lodbrok) <a href="https://twitter.com/rasgard_lodbrok/status/1809979246590251173?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 7, 2024</a>
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Terraform Labs, a once-prominent blockchain platform, filed for bankruptcy protection with an estimated loss of $40 billion. Rasgard’s X post details the downfall of Terraform Labs and the alleged role of its founder, Do Kwon, actions that ultimately led to a lawsuit by the U.S. Securities and Exchange Commission alleging that they misled investors and violated sec…
The post <a href="https://coinedition.com/do-kwon-exposed-crypto-influencer-reveals-shocking-details-of-terra-luna-fraud/" rel="noopener noreferrer nofollow">Do Kwon Exposed: Crypto Influencer Reveals Shocking Details of Terra Luna Fraud</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Do Kwon Exposed: Crypto Influencer Reveals Shocking Details of Terra Luna Fraud

Coin Edition

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