Looks like Do Kwon pulled off the biggest Crypto Scam/Heist this year or maybe ever

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From the news reports I have read in the past few hours on Do Kwon the founder of LUNA and its stablecoin UST that crashed to zero some months back, which led to a lot of crypto exchanges and Crypto lending firms filing bankruptcy because they invested in LUNA and UST and lost big, it is funny how a few months ago Do Kwon tweeted that he is innocent of the crime he is being sued for, also that he is not hiding and he is complying with the authorities, trying to paint the picture of a victim when in fact it looks like he has successfully pulled off the biggest crypto scam/heist this year and maybe in the history of crypto I guess.

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A New Evidence Come To Light And Do Kwon Is Missing

At the moment South Korean prosecutors say they have secured evidence suggesting that Do Kwon had a hand in the Terra LUNA and UST crash, he and his colleagues or team members manipulated the Terra market to steal millions of dollars, and in my opinion, it might be a 100% true because for someone that claimed he was not on the run and is corporating with the authorities, at the moment he is nowhere to be found in fact the speculations around the internet is that he is either hiding out in Dubai or Europe if he is so innocent and he doesn't have any hand in the crash of his own projects why is he running, a lot of people right now amongst Crypto Twitter are already skipping investigations and are already saying he and his team members are criminals and they should be jailed for scamming a lot of people who believed in LUNA and UST.

Evidence By Terra LUNA Whistleblower Fatman

“Korean prosecutors have obtained a private conversation between Do Kwon and an employee where he gives orders to manipulate LUNA’s market price,” Fatman wrote on Twitter on Nov. 3, 2022. “They have also confirmed that he is currently residing in Europe as an illegal immigrant.

Fatman further shared the KBS News article, which summarized the same news the whistleblower described in the tweet. Speaking with the KBS News reporter, Lee Do-Yoon, the South Korean Prosecutor’s Office official said:

**I can’t reveal the details, but it was a conversation history where CEO Kwon specifically ordered price manipulation.

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4 comments
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The LUNA crash was horrible. From the timing of things, it makes me believe that it is a major contributor of the start of the BEAR season we are currently experiencing.

I hope that this issue would be settled soon.

!1UP

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