The activist collective Anonymous has identified Do Kwon of Terra as its newest victim.
Video announcing the attack
The cyber collective Anonymous is working to prosecute Do Kwon. In a video uploaded to youtube, the decentralized global hacktivist collective vowed to have the Terra co-founder swiftly prosecuted. Do Kwon, the founder of Terra (LUNA), served as the public face of the project before it disintegrated recently.
The group of hacktivists warned Do Kwon:
- “ Do Kwon, if you listen to us, unfortunately, there is nothing that can be done to reverse the damage you have caused. At this point, the only thing we can do is hold you accountable and ensure that you are brought to justice as soon as possible.”
Do Kwon has repeatedly disputed everything on Twitter, saying he is not interested in FIAT money and that he too lost everything in this crash. Do Kwon is currently under investigation in South Korea for suspicions of fraud.
The video mentions a number of things, including the fact that Do Kwon was receiving $80 million from LUNA and UST each month. The fact that this was accomplished prior to the project’s complete failure is surprising.
Additionally, Anonymous stated that they will examine Do Kwon’s conduct since entering the cryptocurrency market. They assert that “there are many more atrocities to discover” that might involve Do Kwon.
The Anonymous alludes to the fact that Do Kwon’s involvement in the realm of rug pulls wouldn’t be his first try. Scams are still pervasive in Web 3.0 and hinder the ecosystem’s development.
Despite this caution from Anonymous, a sizable portion of the Terra community is still optimistic about finding a solution to the mystery of what happened to their money and the ecology as a whole. However, it might be exceedingly challenging to revive the Terra ecology. Many members of the community might not even trust Do Kwon’s leadership of the Terra II project.
