Do Kwon Exposed: Crypto Influencer Reveals Shocking Details of Terra Luna Fraud
- Crypto influencer Rasgard accuses Do Kwon of fraud in the Terra Luna collapse.
- The SEC filed a lawsuit against Terraform Labs and Do Kwon.
- Terra Luna’s collapse sparked regulatory scrutiny of the crypto market.
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.”
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…
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