Wednesday, November 13, 2024
HomeCryptocurrency"You Didn't Buy TerraUSD (UST) From Me," Do Kwon Hits Back

“You Didn’t Buy TerraUSD (UST) From Me,” Do Kwon Hits Back

Do Kwon, the founder of the embattled Terra-powered crypto tokens, LUNA and TerraUSD (UST), has finally reacted angrily to trolls from crypto Twitter.

Following the collapse of these Terra ecosystem tokens, several affected investors of UST and LUNC have continually been throwing shades at the project founder. 

Kwon who has been ignoring these attacks has recently stopped playing cool as he responded aggressively to a certain Tuesday tweet, saying that investors did not buy UST directly from him.

Earlier today in a Twitter discussion that started as a joke, a certain user turned it into an attack on the Terra creator and CEO of TerraForm Labs.

Do Kwon jokingly made a comment that stated, “buy me dinner first.” This user with the name Ash WSB then commented, “Sure, after you refund the UST holders.” 

In response to this hard comment, Do Kwon, the Terra founder said, “Bro you didn’t buy any UST from me + I’ll pass on the dinner thx.”

Related: Do Kwon Breaks His Silence, Says He Lost His Big Bet on Terra (LUNA) and UST

Do Kwon Speaks

Earlier this month, the Terra inventor finally submitted himself to an open interview with Coinage, a crypto media startup. In the interview, he noted that the collapse of the Terra ecosystem in May was just a case of a failed project. This contradicts the belief that it was a planned incident.

It is worth noting that several investigations and lawsuits have been filed against Do Kwon and TerraForm Labs. As the investigation intensified, more than five Korea-based exchanges and homes of TerraForm labs officials were raided by the Korean prosecutors.

Amidst all of these investigations and class action lawsuits, the stablecoin creator noted that there have been no charges from the Korean government. To obtain more legal advice and backing, Do Kwon recently hired an attorney.


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Ndianabasi Tom
Ndianabasi Tom
Ndianabasi Tom joined the crypto and blockchain industry in late 2018. He is an all-rounded crypto journalist and content writer. At TimesTabloid, he covers the industry's latest news, developments, and other educational content. He is a graduate of Petroleum Engineering.
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