TROUBLE FOR DO KWON AS HE TURNS FURGITIVE
The saying that everyday is for thief and one day is for the owner has finally come to fall on do Kwon,I am very sure most of in the crypto space knows whom do Kwon is,actually one of the most popular name in the crypto system,for those of us who doesn't knows who he is,he is the co-founder of terra Luna which is a stablecoin whose value is pegged against the price of another assets ,he has been a major player in crypto but unfortunately his participation in the crypto space is nothing to write home about because of his fraudulent activities.
We all know what happened to Luna when the bear market was still very hot the crash of Luna lead to so many investors loss causing them to loose both fund and investment ,as it stands the table isturning around against him because south Korean authorities are after him,many of his projects down to Luna were nothing but scam,for those that was already on steem before hive came into existence , everyone will remember how this young man too over Steem and the rest became a story.i was part of steem when he bought it but with what I heard and red about him was that he freezed several accounts and diverted the funds.this is something very bad .
Now the crash of Luna was also very similar to what happened in steem because even before the crash of Luna rumour has it that he was raking in billions of dollars for than five months before the crash.and again before the crash of the terra Luna so many questions were asked on how how sustainable his investment was because of the bogus yearly 20% in return.this he never provided any answers to instead he was just being arrogant about it.according to report in south Korea authorities are search of do Kwon because of the life of people he has putting in danger,report has that many committed suicide as a result of the crash of terra luna.for sometimes now he has been on the hide out because he is not ready on returning investors money.this is a very big trouble for him because sooner or later he will definitely be caught.
Karma is real, I was quite suprised about the sudden crash of Luna and I knew it was a self imposed one. Thanks for sharing
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