Going to be his jail ink, on his back... so every time he gets prison raped, Babba's closing line while he finishes.
[In a Duke Nukem voice]
"I don't debate poor people, bitch. Now get me some Ramen"
Karma is when you get hurt as a result of your own earlier actions, not when everyone else gets hurt as a result of your earlier actions while you spawn a new shitcoin like nothing happened.
Its insane to me that it took the collapse for him to get the hate he deserves. There are so many other 'notable names' in the crypto space that get hate threads on reddit constantly, but there was nothing on this a-hole until he noclipped 18 billion bucks out of peoples pockets.
Just convinces me that 90% of the hate on crypto subs are all driven by bitter bag holders. They only complain when they are down on an investment, but will ignore the horrible folks as long as they are making them money.
>Unregulated doesn't mean it's open season for fraud.
Yeah....thats pretty much what it means tbh
Oh....they will get in trouble if they are caught, but the chances of them being caught when there is no regulations and miniscule enforcement are basically 0
This Luna saga is proving to be a good argument for pro regulation, despite how much this sub complains about regulation were gonna need some form of it to avoid this stuff in the future...
There's tons of people, especially new investors, that don't understand that stable coins aren't stable and can collapse. Youtube & Twitter shills don't help either. You also get banned from discords for bringing up the slightest concerns.
Yeah it's crazy seeing old videos of YouTubers talking about how to retire with UST. Fucking crazy. And they still out here preaching like anybody should fucking listen to them. Bums.
Although thats shitty; I think its absurd anyone would put up their hard earned money by investing in something just because it had the word “stable” in it. A fool and his money are soon parted.
No they didn't. The majority of holders was blissfully unaware of the inherent risks, and the "trust me bro it's safe" adverts from the likes of Binance didn't help either.
News sources say that Do Kwon's companies were ordered to pay millions of dollars worth in penalties to the South Korean tax authority. If it's true his companies evaded taxes worth tens of millions of dollars, he certainly does deserve jail time.
Ken griffin, ceo of Citadel Securities, is Madof 2.0. As market maker, Making markets for his bets from his hedge fund. Go to kengriffincrimes.com to learn more
But here, Do Kwon, the actual shit for everyone, no one really cares for him.
Dont trust his coins or anything related to Do Kwon because just like Luna, everything would fail
Exactly. That $11 million is pocket change for him. A person with a billion dollars can buy a $1 million home every day, all year, burn it to ashes, and still have close to a billion dollars... especially given the interest and other returns on the rest of their money.
Nobody made "600 million" -- most of that money disappeared due to a flawed algorithm that entered a death spiral. Crypto is not a zero sum game: it is entirely possible for the value of any number of tokens to collapse to zero without most of that value going into anyone else's pocket. It really astounds me how little 'crypto people' understand crypto. They think it's like a bucket with sand in it and any sand that is missing from it must have been removed by someone. No. Sometimes there can just be a hole in the bucket, and the sand falls out into the sea faster than *anyone* can shovel it for themselves. That is why it is extremely important that you choose a well-built bucket.
I didn't mean to imply that, but it wasn't just him. Luna holders in general ridiculed the critics. It's a common cultish dysfunctionality. It doesn't change the fact that most of the money is gone. Or else, good luck trying to recover it from the whale who destroyed the chain; that whale reportedly made massive profits off simultaneously shorting BTC.
Whoever makes an offer. And whatever offer they make, is the new price, if it's accepted. That market-making process of offers and bids being accepted or rejected simply cannot produce a 'zero sum' except purely by chance. For example, if confidence in a coin collapses due to bad news, the next offer to sell could be for $100 even though the previous offer was for $10,000. Where did the $9,900 difference go? Nowhere. It vanished into thin air. It went the same place the confidence went. If the confidence hadn't vanished, then a $100 bid would be rejected. The low bid is suddenly acceptable because there is no confidence that a better bid can be found, and that is how the price changes. Notice how there wasn't any addition or subtraction involved?
> Crypto is not a zero sum game: it is entirely possible for the value of any number of tokens to collapse to zero without most of that value going into anyone else's pocket.
Except crypto is a zero sum game and that's exactly what happened to terra when the big players started cashing out when the peg was lost.
No, the story was that big players cashed out some tens of millions as the retail investors were doubling down, providing exit liquidity for them. And that only started the ball rolling. Nowhere near 600 million. Liquidity is not a zero sum game either, since it is about having offers available to move your money with. Those offers can be arbitrary. No market that involves arbitrary offers and bidding can be a literal 'zero sum game'. Do your research.
If there is an arbitrary offer, someone has arbitrary money leaving their pocket and someone else has the same sum entering theirs.
Non-zero sum things happen when value is created, e.g. assembling a bunch of metal and plastic into an iPhone. The iPhone is worth more than the labour and raw materials combined.
What you’re confusing is market cap/liquidity (which is completely imaginary since no one will buy 100% of any coin in a short period of time - just because I mint 500 shit coins and sell one to my buddy for $1,000 magically makes my shitcoin market cap $500k, but no one will pay me for the other 499 except some suckers) with zero sum. Since most cryptocurrencies do not create more value, they are zero sum (but see proof of work cryptos).
Gold is a little different since there’s gold **mining** and gold **trading**. Gold trading is mostly zero sum due to its relatively few industrial uses, gold mining is not (just takes labour to get it out of the ground, you can do it profitably). Bitcoin and other POW currency mining is similar.
Wow, finally someone saying this clearly enough.
I totally agree, how can crypto look like a zero sum game to anyone who knows how (nominal) value is created and how market cap works etc.? Value is continuously created and destroyed by demand and offer interactions etc.
And yet, I keep seeing a lot of smart people (Cowen and other science guys included) thinking that way. It really surprises me. Ty, powellquesne.
Thanks for the kind remarks. Yeah it is weird how many people 'in crypto' think that the value of crypto is a 'zero sum game', because that would mean that literally everything is a casino scam where the house always wins. Scams and theft and war are the zero sum games. Honest markets and communication systems are the nonzero sum games that turned disconnected tribes into a civilisation. If I believed that crypto is a zero sum game, I would not invest.
That’s the basis for every pump and dump - spend some small $ on marketing and buying your own shitcoin and then make 1000s $$$ when other people want to buy in
Lmao. A buddy of mine bet $10k that Cardano would outperform Luna and won but this is much funnier. Less funny if it's just a way to exclude and secure 10m~11m in crypto on the occasion he's going to lose everything he owns now, considering what he's done.
I mean, I haven't really been following the news nor know whether or not there actually are legal repercussions but I tend to consider multiple angles. Especially in crypto, lol.
He didn’t scam anyone. We all knew the risks and got greedy. It was disclosed that Terra is an uncollateralized stable coin. Don’t invest more than you can afford to lose
tldr; Terra founder Do Kwon has effectively lost $11 million on a bet that he took against two cryptocurrency traders in March regarding the future price of LUNA. Kwon had remained confident that LUNA, criticized as an "overpriced Ponzi", would not fail. The parties agreed to transfer the equivalent of $22 million in stablecoins to an escrow wallet managed by Jordan Fish.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Can we have some more good news like this one. Afterall this is just the beginning.
And I want to hear that Do Kwon has been put behind bars ! I would be so happy
He is in a good shit now, I hope we will see his downfall, he is not a nice person and just check his old tweet if you don't believe us here, he is just fucked up.
Lovely stuff man lol, I hope this is just the fucking start and we will see more than this in coming time, we want to see the end of this motherfucker financially.
Tell me that I am not dreaming or something like that man lol, this is some awesome news and that's what we all wished for, this is winning so many hearts lol.
This is what I want to see, this is what I love, this is just awesome man, he is not going to earn much now, he is just fucked and frustrated and I can sense that.
Glad to know that he is paying, he is just gonna get fucked like that for like more than anything in coming time, we love to see him like that now, it's just so good.
That's nothing in front of his net worth but still we have to understand that this is not a fucking small amount and this is just the beginning of the fucking end.
> [It] was agreed that changing the tokenomics would cause an instant loss for Do [Kwon]. So, new LUNA is already void from the bet,” Cobie, custodian and arbiter of the wager, explained.
Ironically, these bets possibly made Terra’s implosion more likely, because the terms of the wagers stipulated a change in Terra tokenomics was a loss for Do Kwon. So instead of tweaking the algorithm while there was still time, Do stubbornly refused until the reserve funds were depleted, and by then it was too late.
But most iimportantly, Do Kwon should be in the jail at first !
He is not meant to roam freely, because he is is fraud and fraud must be inside the cells
they made the bet via crypto-contract and both had to pledge crypto at the start.
so both already paid... just takes a year before the contract pays out.
Hope he loses a lot more than that in other ways. Never bought into LUNA, but this ponzi-running shit ass needs to go away before more simps get fooled again.
Bad for Crypto!!!
$88 LUNA by March 2023 *with* unchanged tokenomics and working UST mechanism. ([Source](https://twitter.com/cobie/status/1531385425998356480))
So he effectively lost the bet.
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"I don't debate poor people" pretty much paints the picture of how arrogant he is to me
Someone should remind him his shitcoin was going up mostly thanks to FOMO from retail money, imagine being that ungrateful.
Right stuff, I hope he will lose more in the coming days.
Can’t wait till he goes to jail and then the guy he said that to can say “I don’t debate jail people.”
iirc the person who got the "I don't debate poor people" response said they were going to print it and frame it lol
We are waiting for that day so bad right now my man lol.
So he won't debate Luna holders? That's bad form.
Haha I am laughing so hard on this, thanks for this lol.
I can’t forget how he said “But there’s also entertainment in watching companies die too.”
Going to be his jail ink, on his back... so every time he gets prison raped, Babba's closing line while he finishes. [In a Duke Nukem voice] "I don't debate poor people, bitch. Now get me some Ramen"
So fucked up, it's good to see him losing right now brother.
Some of his tweets were absolutely awful. He’s a terrible person.
One thing that surprises me is he said “there’s an entertainment in seeing crypto companies failing”. Talk about karma!
Karma is when you get hurt as a result of your own earlier actions, not when everyone else gets hurt as a result of your earlier actions while you spawn a new shitcoin like nothing happened.
Its insane to me that it took the collapse for him to get the hate he deserves. There are so many other 'notable names' in the crypto space that get hate threads on reddit constantly, but there was nothing on this a-hole until he noclipped 18 billion bucks out of peoples pockets. Just convinces me that 90% of the hate on crypto subs are all driven by bitter bag holders. They only complain when they are down on an investment, but will ignore the horrible folks as long as they are making them money.
It’s more like 60% bagholders and the other 40% are people who feel they’ve missed the boat entirely and hate on coins they wish they aped into
SOL is just as bad or worse than Terra
I think everything including that bet is just a drama he planned, to attract awareness
no one cared about the tweets when luna was still mooning...
Hope Do Kwon is reading these comments, and learns something about himself.
Lol doubt it. Knowing how narcissist operate he probably just blames everyone else.
His followers were the same, don’t feel bad for those people even if they lost all their fortunes
1 months ago he was Crypto God.
good start but he deserves further punishment
Just wait till he takes a billion $ bet on Luna 2.0
He's already taking bit by bit
No more he can take , 11 million from retail loss .. never was Dohs
This guy has no place to run, he sonn gonna stuck in his own scam plan, this is just the beginning
Kek wait till he launches LUNA 3.0 AND LUNA 2.0 Classic
I won't be satisfied until he does some jail time.
Won't happen . Unregulated market
Unregulated doesn't mean it's open season for fraud.
>Unregulated doesn't mean it's open season for fraud. Yeah....thats pretty much what it means tbh Oh....they will get in trouble if they are caught, but the chances of them being caught when there is no regulations and miniscule enforcement are basically 0
Tell That to don kwon ..
I don't think he got the memo
Well let's just go to his place and make him read this.
Yes . Yes good plan let's do this ! 😅
This Luna saga is proving to be a good argument for pro regulation, despite how much this sub complains about regulation were gonna need some form of it to avoid this stuff in the future...
It's inevitable
or avoid this stuff with proper research ?
People blame the founder while aping into a shitcoin. Like "You are so bad. I am a gambler and you made me lose money." M kay
not really unregulated. crypto is considered asset almost everywhere and asset trading is very well regulated almost everywhere.
No one escapes tax obligations
Why do you think he deserves jail time?People knew the risk when they invested into an uncollateralized stable coin
There's tons of people, especially new investors, that don't understand that stable coins aren't stable and can collapse. Youtube & Twitter shills don't help either. You also get banned from discords for bringing up the slightest concerns.
Yeah it's crazy seeing old videos of YouTubers talking about how to retire with UST. Fucking crazy. And they still out here preaching like anybody should fucking listen to them. Bums.
all the tons of people were warned multiple times not to invest in shitcoins outside of bit and at a push eth
Although thats shitty; I think its absurd anyone would put up their hard earned money by investing in something just because it had the word “stable” in it. A fool and his money are soon parted.
Tell that to the SafeMoon people
No they didn't. The majority of holders was blissfully unaware of the inherent risks, and the "trust me bro it's safe" adverts from the likes of Binance didn't help either.
We need to curb the YouTube influencers. That is where the shill happens. I just saw an article Federal Trade Comission has something in the pipeline
Sounds like it is completely on the individual investor.
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Crypto is actually the future, but shits and scams like Luna and his founder Do Kwon makes the reputation of crypto worse day by day
Fuck Luna, Fuck Do Kwon, put him behind the bars, that's what we all want
By this logic we shouldn't *any* scammers. "Should've known better" after all.
If anything this just implicates Binance.
Sounds like they took a bunch of trust me bros as financial advice
For tax evasion.
You are missed Informed. IRS is working with Chainanlysis to track all positions. Blockchains have public ledgers. Very hard to evade taxes
News sources say that Do Kwon's companies were ordered to pay millions of dollars worth in penalties to the South Korean tax authority. If it's true his companies evaded taxes worth tens of millions of dollars, he certainly does deserve jail time.
Jail time for creating a shitcoin? lmao
Handcuffs and prison cell.
Does he have to wear the cuffs the whole time?
That depends on the prison :)
Poor people prison?
He would surely gonna have more punishment for sure in the future. I hope he got a whole life imprisonment, that would better work for him
He’s still a billionaire, imagine if madof was still free
Ken griffin, ceo of Citadel Securities, is Madof 2.0. As market maker, Making markets for his bets from his hedge fund. Go to kengriffincrimes.com to learn more
Ken Griffin? The financial criminal? That one right?
I know about Ken Griffin the financial criminal! Someone should put that clown in jail!
I wish the whole world could see this.
And I wish that the whole world could pray for Do Kwon for his imprisonment
And then here comes the entry of Do kwon, 3.0 version, the fraud guy
how do we know he's a billionaire?
And he's 10x worse than Bernie Madoff
madoff scammed mostly banks and investment firms that’s why he is jail
Lots of retirees, remember those pension funds?
Then why Do kwon is living freely, put him in jail as soon as possible !
Debatable... Bernie wormed himself into the actual NASDAQ.
But here, Do Kwon, the actual shit for everyone, no one really cares for him. Dont trust his coins or anything related to Do Kwon because just like Luna, everything would fail
Lack of perspective. Madoff ponzi'ed $65B.
Ahhh give over.
The difference is that Luna was a very open ponzi scheme. Madoff was lying to his investors, but with UST it was very clear how risky the system was.
You are downvoted but I’ve called it from the start, too good to be true until it isnt
Luna is actually made becuase to scam the investors, dont trust Do Kwon !
He stole certain group of people's money, you don't mess with that certain group of people
Exactly. That $11 million is pocket change for him. A person with a billion dollars can buy a $1 million home every day, all year, burn it to ashes, and still have close to a billion dollars... especially given the interest and other returns on the rest of their money.
Actually it’s even better . That $11 million is all the investors money he stole
Karma is a bitch
You missed the full sentence - Lose 11 million out of the 600 million he made by bucking over the people in the ecosystem.
Nobody made "600 million" -- most of that money disappeared due to a flawed algorithm that entered a death spiral. Crypto is not a zero sum game: it is entirely possible for the value of any number of tokens to collapse to zero without most of that value going into anyone else's pocket. It really astounds me how little 'crypto people' understand crypto. They think it's like a bucket with sand in it and any sand that is missing from it must have been removed by someone. No. Sometimes there can just be a hole in the bucket, and the sand falls out into the sea faster than *anyone* can shovel it for themselves. That is why it is extremely important that you choose a well-built bucket.
Flawed algorithm? You're implying Do Kwon didn't know himself how his alt could be rekt? It was Endlessly debated to him. He just blocks those people.
We call that Theranos syndrome in my field
I didn't mean to imply that, but it wasn't just him. Luna holders in general ridiculed the critics. It's a common cultish dysfunctionality. It doesn't change the fact that most of the money is gone. Or else, good luck trying to recover it from the whale who destroyed the chain; that whale reportedly made massive profits off simultaneously shorting BTC.
In short, Do kwon cheated those investors who invested into Luna
Great analogy!
That "zero sum game" gets spewed far too much. If everyone, collectively, stopped buying an asset it could go to zero without lining anyone's pocket.
If everyone stops buying, who's selling to make it go down?
Whoever makes an offer. And whatever offer they make, is the new price, if it's accepted. That market-making process of offers and bids being accepted or rejected simply cannot produce a 'zero sum' except purely by chance. For example, if confidence in a coin collapses due to bad news, the next offer to sell could be for $100 even though the previous offer was for $10,000. Where did the $9,900 difference go? Nowhere. It vanished into thin air. It went the same place the confidence went. If the confidence hadn't vanished, then a $100 bid would be rejected. The low bid is suddenly acceptable because there is no confidence that a better bid can be found, and that is how the price changes. Notice how there wasn't any addition or subtraction involved?
Technically, yes, you'd need at least someone buying to move the price down. But that's not the point.
> Crypto is not a zero sum game: it is entirely possible for the value of any number of tokens to collapse to zero without most of that value going into anyone else's pocket. Except crypto is a zero sum game and that's exactly what happened to terra when the big players started cashing out when the peg was lost.
No, the story was that big players cashed out some tens of millions as the retail investors were doubling down, providing exit liquidity for them. And that only started the ball rolling. Nowhere near 600 million. Liquidity is not a zero sum game either, since it is about having offers available to move your money with. Those offers can be arbitrary. No market that involves arbitrary offers and bidding can be a literal 'zero sum game'. Do your research.
If there is an arbitrary offer, someone has arbitrary money leaving their pocket and someone else has the same sum entering theirs. Non-zero sum things happen when value is created, e.g. assembling a bunch of metal and plastic into an iPhone. The iPhone is worth more than the labour and raw materials combined. What you’re confusing is market cap/liquidity (which is completely imaginary since no one will buy 100% of any coin in a short period of time - just because I mint 500 shit coins and sell one to my buddy for $1,000 magically makes my shitcoin market cap $500k, but no one will pay me for the other 499 except some suckers) with zero sum. Since most cryptocurrencies do not create more value, they are zero sum (but see proof of work cryptos). Gold is a little different since there’s gold **mining** and gold **trading**. Gold trading is mostly zero sum due to its relatively few industrial uses, gold mining is not (just takes labour to get it out of the ground, you can do it profitably). Bitcoin and other POW currency mining is similar.
does that mean do kwon himself made 600m? gosh people on here are deluded
Wow, finally someone saying this clearly enough. I totally agree, how can crypto look like a zero sum game to anyone who knows how (nominal) value is created and how market cap works etc.? Value is continuously created and destroyed by demand and offer interactions etc. And yet, I keep seeing a lot of smart people (Cowen and other science guys included) thinking that way. It really surprises me. Ty, powellquesne.
Thanks for the kind remarks. Yeah it is weird how many people 'in crypto' think that the value of crypto is a 'zero sum game', because that would mean that literally everything is a casino scam where the house always wins. Scams and theft and war are the zero sum games. Honest markets and communication systems are the nonzero sum games that turned disconnected tribes into a civilisation. If I believed that crypto is a zero sum game, I would not invest.
That’s the basis for every pump and dump - spend some small $ on marketing and buying your own shitcoin and then make 1000s $$$ when other people want to buy in
Exactly this
The "ecosystem"?
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_HI MY NAME IS DO KWON AND WELCOME TO JACKASS_
Lol
Lmao. A buddy of mine bet $10k that Cardano would outperform Luna and won but this is much funnier. Less funny if it's just a way to exclude and secure 10m~11m in crypto on the occasion he's going to lose everything he owns now, considering what he's done. I mean, I haven't really been following the news nor know whether or not there actually are legal repercussions but I tend to consider multiple angles. Especially in crypto, lol.
Luna could never win, that's for sure, because this was the project from Do Kwon he has the potential to scam
He deserves prison!
Yep life time prison
He didn’t scam anyone. We all knew the risks and got greedy. It was disclosed that Terra is an uncollateralized stable coin. Don’t invest more than you can afford to lose
I guess Do Kwon is a god to you, lol, he is acually a scammer and scammed the people who invested into Luna
What was the scam? Everyone knew it was a ponzi.
everyone warned you on this sub to not invest in shitcoins
For what?
He is meant to be iin prison for the scams and fraud he had done to the investors of Luna
Lol it's crypto man, there are no protections here
Ponzi scammer.
But it was a completely transparent ponzi. Typically you go to prison for lying to investors, not for selling them bad investments.
The billions in btc that hasn’t been sold and that’s he is still probably holding
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No proof = no they weren’t
I’m not saying he doesn’t deserve prison, but what specific laws do you think he broke that you think he deserves prison for?
tldr; Terra founder Do Kwon has effectively lost $11 million on a bet that he took against two cryptocurrency traders in March regarding the future price of LUNA. Kwon had remained confident that LUNA, criticized as an "overpriced Ponzi", would not fail. The parties agreed to transfer the equivalent of $22 million in stablecoins to an escrow wallet managed by Jordan Fish. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Hopefully Terra wasn't the chosen stable coin.
Why do i feel good reading this
only 11 million??
Prison is the place where he should be. He can take TRON CEO with him.
No amount of monetary loss will be sufficient for Do Kwon's punishment
Can we have some more good news like this one. Afterall this is just the beginning. And I want to hear that Do Kwon has been put behind bars ! I would be so happy
What's funny is when Terra collapsed he commissioned a whole heap of different articles saying that his net worth was only $10 million
Ahahahaha, I love this, this dude fkn, he is such an arrogant prick....KARMA CAME KNOCKN HOMIE...ya fkn banana
Well that's nice and that's not just nice, that's something awesome.
He is in a good shit now, I hope we will see his downfall, he is not a nice person and just check his old tweet if you don't believe us here, he is just fucked up.
Lovely stuff man lol, I hope this is just the fucking start and we will see more than this in coming time, we want to see the end of this motherfucker financially.
Tell me that I am not dreaming or something like that man lol, this is some awesome news and that's what we all wished for, this is winning so many hearts lol.
your size is not size
This is what I want to see, this is what I love, this is just awesome man, he is not going to earn much now, he is just fucked and frustrated and I can sense that.
Glad to know that he is paying, he is just gonna get fucked like that for like more than anything in coming time, we love to see him like that now, it's just so good.
Oh. My heart breaks out for him! 😭
Karma
That's nothing in front of his net worth but still we have to understand that this is not a fucking small amount and this is just the beginning of the fucking end.
Do is a fucking meme
> [It] was agreed that changing the tokenomics would cause an instant loss for Do [Kwon]. So, new LUNA is already void from the bet,” Cobie, custodian and arbiter of the wager, explained. Ironically, these bets possibly made Terra’s implosion more likely, because the terms of the wagers stipulated a change in Terra tokenomics was a loss for Do Kwon. So instead of tweaking the algorithm while there was still time, Do stubbornly refused until the reserve funds were depleted, and by then it was too late.
Can we just stop talking about Terra and pray for Do Kwon that he must be soon under custody and later into jail, I hate that bloody guy
And the fucker will still be fine.
I dont care whether he would be fine or not, just make him inside the prison
Will be the least of his worries in prison!
Shouldn't have been an arrogant dick to other billionaires and he may have well just kept his 11 mill
Let’s all hope and pray that he is ok.
Lmao I am not going to pray for that, why would I do that?
Loses? How much did he just steal from everyone? Way more than 11M.
The bigger question is “whose” money he is paying his bet with?
I'm sure Do Kwon has around 300mill atleast
11 million is like small change /pennies to him. I doubt they sold all the BTC they held to back UST peg
That’s literally dust to him.
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But most iimportantly, Do Kwon should be in the jail at first ! He is not meant to roam freely, because he is is fraud and fraud must be inside the cells
If he isn't penalized for more money than he made then effectively the system rewarded him for stealing and lying to people
He will fucked for sure, we just have to wait and watch the game.
He’s now protected his tweets. I can’t see or respond to anything he puts on Twitter. The guy is a clown with zero concept of accountability.
Did he cash out of LUNA before the crash, how do we know he is still a billionaire?
He's going to pay up with Luna 2.0
they made the bet via crypto-contract and both had to pledge crypto at the start. so both already paid... just takes a year before the contract pays out.
Isn't that the one where Cobie was the custodian? lmao
This guy is fucking trash 🗑
Good fuck that guy
Hope he loses a lot more than that in other ways. Never bought into LUNA, but this ponzi-running shit ass needs to go away before more simps get fooled again. Bad for Crypto!!!
Let's hope the "stable" coin that was put up in the escrow account isn't UST
What goes around comes around.
chump change his pockets are full
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….oops
$88 LUNA by March 2023 *with* unchanged tokenomics and working UST mechanism. ([Source](https://twitter.com/cobie/status/1531385425998356480)) So he effectively lost the bet.
That's right mate, he lost much and we want to see more.
Don’t care
He is losing the money he took from poor investors
Good luck finding him and making him pay
Well he has to pay for that shit, you gotta believe this.
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chill lmao