• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Thursday, July 10, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto

Do Kwon Sorry for Arrogant Tweets, Takes Full Responsibility for Terra’s Collapse

by Birupaksh Kaundilya
October 19, 2022
in Crypto, News
Reading Time: 2 mins read
0
Do Kwon

Do Kwon

TwitterWhatsappLinkedin

Land’s breakdown is one of the most high-profile occasions in the crypto business as of late. With South Korean specialists and Interpol included, the once crypto titan, Do Kwon, has focused on the claims against him.

You might also like

Trump Unleashes New Tariffs, Sri Lanka Among Seven Nations Facing 30% US Duties

Starlink Clears Final Regulatory Hurdle, Poised for Launch in India

Nvidia Shatters Records with $4 Trillion Market Value Amidst AI Supremacy

The Terraform Labs prime supporter kept up with that Land was never truly about cash or distinction, or achievement. Notwithstanding, Kwon feels that he got “diverted” while collaborating with others on crypto Twitter.

Kwon was marked as a junk talking business person who called the cryptographic money he made in 2018 – “my most noteworthy creation.” He energized a band of financial backers, including Lightspeed Adventure Accomplices and Universe Computerized, and his allies, who gladly alluded to themselves as – “Crazy people.”

He acquired reputation for deriding his doubters. One such is English financial expert Frances Coppola, who censured the algorithmic stablecoin model. Kwon had then provoked, saying, “I don’t discuss poor people.”

Yet, he might have lowered down following the stupendous implosion that significantly affected the remainder of the digital money market. When inquired as to whether he feels any regret for utilizing the “presumptuous” tone, Kwon, after stopping for a moment, said,

“Since there are unknown animation characters that are more liberal with the words that they’re utilizing, doesn’t imply that I ought to have followed after accordingly. In my own life, I’m a lot of a self observer. At the point when I initially began Land, there was not that much correspondence with the media or Twitter which wasn’t really a major issue.”

While addressing Laura Shin during a meeting on Unchained Webcast, the executive said he fostered a persona to turn out to be more “straightforward” with the local area over the long haul and that he acted with a particular goal in mind generally for “diversion esteem” since it was “fun with kidding and poo posting” with others on Twitter. Thinking back, he accepts his tweets were “flinch.”

Claims “Politically Persuaded”
The awful accident cleared billions of significant worth off of the crypto market, which brought about many losing their life reserve funds. As per a report, a Taiwanese man bounced from the thirteenth floor of a skyscraper extravagance condo pinnacle to his demise subsequent to losing critical cash simultaneously. To this, Kwon said that he takes “full liability” for the shortcoming in Land’s plan that couldn’t endure the “awful” economic situations.

“I’m heartbroken. It could appear, with the manner in which we’ve been answering claims in a news report, that we’re being protective. That is by no means like that. I trusted in the strength of the UST. I in all actuality do apologize and do take ownership of, you know the full liability of that.”

Having said that, he doesn’t completely accept that the charges evened out against him by the South Korean examiners are genuine and rather are “politically persuaded.” While sharing an update, the executive said he has not gotten a duplicate of Interpol’s red notification that was purportedly given a month ago.

Kwon further proceeded to explain that he was not residing in that frame of mind since the finish of 2021 however declined to uncover where he is as of now dwelling, refering to security and protection concerns.

Tags: #Crypto#Do Kwon
Tweet54SendShare15
Previous Post

Kanye West Rocks Bitcoin (BTC) Founder Satoshi Hat, but Gets Kicked out by JP Morgan

Next Post

Three Arrows Founders’ Locations Unknown As Court ‘Manhunt’ Begins

Birupaksh Kaundilya

Recommended For You

Trump Unleashes New Tariffs, Sri Lanka Among Seven Nations Facing 30% US Duties

by Anochie Esther
July 10, 2025
0
NRIs

US President Donald Trump on Wednesday, July 9, 2025, announced a fresh wave of tariff demand letters, signaling a renewed and assertive push in his administration's trade policy....

Read more

Starlink Clears Final Regulatory Hurdle, Poised for Launch in India

by Anochie Esther
July 10, 2025
0
Starlink

After years of anticipation and navigating a complex regulatory landscape, Elon Musk's satellite internet venture, Starlink, has finally received the definitive green light to launch commercial operations in...

Read more

Nvidia Shatters Records with $4 Trillion Market Value Amidst AI Supremacy

by Anochie Esther
July 10, 2025
0
Nvidia

Nvidia, the undisputed leader in graphics processing units (GPUs) and a pivotal force in the artificial intelligence (AI) revolution, achieved a historic milestone on Wednesday, July 9, 2025....

Read more
Next Post
Do Kwon

Three Arrows Founders’ Locations Unknown As Court ‘Manhunt’ Begins

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?