{"id":252643,"date":"2022-08-18T23:00:24","date_gmt":"2022-08-18T17:30:24","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=252643"},"modified":"2022-08-18T20:43:25","modified_gmt":"2022-08-18T15:13:25","slug":"do-kwon-makes-bold-claims-about-luna-in-this-recent-interview","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/do-kwon-makes-bold-claims-about-luna-in-this-recent-interview\/","title":{"rendered":"Do Kwon makes bold claims about LUNA in this recent interview"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Do Kwon made his first public appearance since the fall of Luna, with an interview he did with <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=5g9ycHS0xtU\"><span style=\"font-weight: 400;\">Coinage<\/span><\/a><span style=\"font-weight: 400;\">. There\u2019s been a lot of negative sentiment against Do Kwon, with speculators believing that Do Kwon has also profited from the fall of UST. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Well, answering the speculations, Kwon came out and explicitly said that he never shorted a cryptocurrency in his life neither did he profit from the fall of Luna<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even so, there has been some skepticism about Do Kwon\u2019s claims. Consider this- Twitter user <\/span><a href=\"https:\/\/twitter.com\/FatManTerra\/status\/1535623662153437185?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1535623662153437185%7Ctwgr%5E0a9bf3e8e16d6807d1c18c577366eacb45212946%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fwww.cryptotimes.io%2Fdo-kwon-denies-profiting-2-7-billion-from-luna-and-ust%2F\"><span style=\"font-weight: 400;\">FatMan, <\/span><\/a><span style=\"font-weight: 400;\">who claims to be a Terra insider, has been openly vocal about Do Kwon cashing out on Luna. And, in one of his tweets, the user even explained how Kwon did it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Even though Do Kwon denies all these claims, he is still hesitant to go back to Soutrh Korea and face the music like the rest of his employees. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s not just Do Kwon who has jumped ship. Well, his legal team also ended up leaving amongst all the chaos.<\/span><\/p>\n<h3>Legal troubles<\/h3>\n<p><span style=\"font-weight: 400;\">Even though Do Kwon has left the country, Korea\u2019s law enforcement has sent notices to him to appear in court. Interestingly, Do Kwon has now equipped himself with a new set of lawyers from a South Korean law firm to face the charges against him.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But his legal troubles don\u2019t end here, there have been multiple lawsuits that have been filed against the Terraform Labs c0-founder in the USA with self-claimed whistleblower FatMan also involved.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In this regard, FatMan added on his twitter account stated,\u00a0<\/span><\/p>\n<blockquote><p><span style=\"font-weight: 400;\">\u201cWe will be joining the class action lawsuit filed in the U.S. by the international law firm Scott+Scott. We are also preparing actions in another jurisdiction. We demand a fair trial to uncover all of TFL [and] Do Kwon\u2019s wrongdoings and so that justice can take its course.\u201d<\/span><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">Although Do Kwon hasn\u2019t appeared in court yet, he did make some arguments about how it all came to be.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> One of the things he mentioned in the interview was- how when there was a slight depegging that had occurred, Do Kwon tried to get another round of $2 billion by selling off some Luna. But because of an apparent mole, the news got leaked and the selling pressure increased, which resulted in the whole calamity.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The court&#8217;s decision and the outcome of the lawsuits remain to be seen. But it appears that the people in the crypto community have already made up their minds.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Well, one of the many criticisms was about Kwon&#8217;s recent interview. People were upset about his calm demeanor and they felt that justice has been denied to them as Do Kwon remained in Singapore while the rest of his team has been facing charges.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do Kwon made his first public appearance since the fall of Luna, with an interview he did with Coinage. There\u2019s been a lot of negative sentiment against Do Kwon, with speculators believing that Do Kwon has also profited from the fall of UST. Well, answering the speculations, Kwon came out and explicitly said that he<a href=\"https:\/\/ambcrypto.com\/do-kwon-makes-bold-claims-about-luna-in-this-recent-interview\/\">Continue reading <span class=\"sr-only\">&#8220;Do Kwon makes bold claims about LUNA in this recent interview&#8221;<\/span><\/a><\/p>\n","protected":false},"author":70,"featured_media":252644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[66,3,4,20],"tags":[1387],"class_list":["post-252643","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-news","category-news","category-social","category-trading-view","tag-luna"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Do Kwon makes bold claims about LUNA in this recent interview - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Do Kwon made his first public appearance since the fall of Luna, with an interview he did with coinage. 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