In his second interview following the implosion, Do Kwon said that he takes full responsibility for the 'weakness' in Terra's design that led to astronomical declines.
Do Kwon Sorry for Arrogant Tweets, Takes Full Responsibility for Terra’s CollapseIn his second interview following the implosion, Do Kwon said that he takes full responsibility for the “weakness” in Terra’s design that led to astronomical declines.
The Terraform Labs co-founder maintained that Terra was never really about money or fame, or success. However, Kwon thinks that he got “carried away” while interacting with other people on crypto Twitter.Kwon was branded as a trash-talking entrepreneur who called the cryptocurrency he created in 2018 – “my greatest invention.” He rallied a band of investors, including Lightspeed Venture Partners and Galaxy Digital, and his supporters, who proudly referred to themselves as – “Lunatics.
But he may have humbled down following the spectacular meltdown that had a domino effect on the rest of the cryptocurrency market. When asked if he feels any remorse for using the “cocky” tone, Kwon, after a pause, said,“Just because there are anonymous cartoon characters that are more liberal with the words that they’re using, does not mean that I should have followed suit. In my personal life, I am quite a bit of an introvert.
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