The activist hacker group Anonymous has threatened Do Kwon with exposing all his crimes..
Hacktivist group Anonymous has posted a video on YouTube and social media in which they claim they will “do everything possible” to bring Do Kwon, CEO of Terraform Labs, to justice as soon as possible so that answer for the fall of the Terra ecosystem and the UST.
In the video, the activist group claims that “there is a whole list of crimes in the trail of destruction” that Do Kwon has left behind in his wake in the crypto world.
Among the accusations launched by Anonymous, there is an alleged case of money laundering, as the activist group points out that, according to statements made by a Terraform Labs worker before the SEC, Do Kwon would have been doing $80 million in LUNA and UST transfers every month, before the ecosystem collapsed.
Anonymous claims that Do Kwon is solely responsible for the loss of billions of dollars to private investors.
The hacker group also criticizes the Do Kwon Dokong's personality and arrogant tactics, who enjoyed humiliating and trolling other projects, thought they could never fail and even said in an interview that “it was fun to see other projects fall.” The group adds that “the more noise they make, the harder they fall.”
At the same time, Anonymous also points out that they will follow the trail of do kwon since he first entered the crypto world. In this sense, the CEO of Terra could be Behind the failed algorithmic stablecoin Basis CashKwon may have used the pseudonym Rick Sanchez in 2020 as co-creator of the stablecoin.
The Crypto Community and the Anonymous Video
Despite that do kwon has become one of the most controversial and underappreciated figures in the crypto community, the organization's video has not been very well received.
In the Reddit thread “r/CryptoCurrency” On Reddit, many users have criticized the organization, saying it is nothing more than an empty threat.
On this subject, many users have pointed out that they expected the hacker group to have uncovered some scandal or secret of the CEO of Terra. However, they have limited themselves to repeating the information that is already known.
Do Kwon and South Korean justice
Right now, Do Kwon has bigger things to worry about than the Anonymous video. The CEO of Terraform Labs is facing a series of investigations inside and outside South Korea.
First, The SEC has launched an investigation on the protocol debacle. For their part, South Korean authorities have an active investigation into the possible misappropriation of Bitcoin from the company's treasury.
In May, Korean lawmakers activated the famous unit “Grim Reapers of Yeouido” to investigate the fall of Terra. At the same time, South Korean regulators will investigate any possible internal market manipulation.
Finally, Terraform Labs has been charged with tax evasion and fined $78 million by North Korea's tax agency.
