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Do Kwon Accused of Manipulating Votes in Terra Community

2 mins
Updated by Nicole Buckler
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Do Kwon continues to shake up the crypto sphere. As investigations into the Terra blockchain continue, a new scandal is tarnishing the reputation of the entrepreneur.

The not-so-honest vote

Between the discovery of the millions of dollars withdrawn before the fall of Terra, or his new passion for the creation of a new Tinder, Do Kwon continues to annoy the crypto sphere. This was without counting on the appearance of a new annoying surprise within the TerraForm labs team.

FatMan, a member of Terra’s creative team, continues to keep the public informed of Do Kwon’s progress while keeping an extremely critical eye on his actions.

A big supporter of the leak of information, FatMan has a new observation that does not surprise many people. The creator of Terra may have manipulated the votes relating to the proposal of a second version of the token.

While the proposal was undeniably rejected by its community, a crypto wallet with 5% voting power mysteriously appeared. This offered Do Kwon the opportunity to launch a Terra 2.0. Nevertheless, according to FatMan, the portfolio actually belonged to the entrepreneur himself!

After this discovery, FatMan attempted to confront Do Kwon who refused to answer. The investigation should therefore continue in the Terra community until new and probably annoying information appears.

Luna Do Kwon Terra

Do Kwon, the bad loser of the crypto sphere?

The mystery remains: Is Do Kwon really a crypto enthusiast or yet another scammer who wants to run away with his investors’ money?

Now referred to as the “king of fools,” Do Kwon has kept a low profile since the release of his new digital currency. This is despite the many accusations against him. Nevertheless, he returned one last time to the front of the stage to explain himself.

“It should be obvious, but the claim that I took $2.7 billion from anything is categorically false. To reiterate, for the last two years the only thing I’ve earned is a nominal cash salary from TFL, and deferred taking most of my founder’s tokens because a) didn’t need it and b) didn’t want to cause unnecessary finger-pointing of ‘he has too much.’

Hope that’s clear – I didn’t say much because I don’t want to seem like playing victim, but I lost most of what I had in the crash too. I’ve said this multiple times, but I really don’t care about money much.”

The tide may quickly turn for the creator of Terra who continues to struggle with the law.

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Laure Elizabeth IACOUCCI
After traveling the world as an artist, Laure Elizabeth decided to settle down and dive into the world of cryptocurrency. Based in France, she has several years of experience in journalism and translation into different languages. She is now dedicated to informing the public of the latest industry news.
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