Do Kwon: ‘I Am Heartbroken’ Over Pain Caused by UST Collapse

The admission comes after the stunning demise of the Terra blockchain’s flagship project.

5/14/2022 1:35:00 AM

JUST IN: Terra creator stablekwon said he was “heartbroken” over this week’s stunning demise of $LUNA and $UST. nikhileshde reports

The admission comes after the stunning demise of the Terra blockchain’s flagship project.

he was “heartbroken” about his creations losing functionally all of their value this week.Kwon, who founded Terraform Labs – creator of the LUNA governance token, TerraUSD stablecoin and various other cryptocurrencies – said he spent the last several days calling various community members about the tokens’ losing all of their value.

Luna, which was worth nearly $120 at the start of April, collapsed in dramatic fashion this week and traded around 0.03 cents as of press time.“I still believe that decentralized economies deserve decentralized money – but it is clear that $UST in its current form will not be that money,” he tweeted.

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stablekwon nikhileshde Isn’t Luna the same as the dollar? What is it backed by nothing? It came off the gold standard in 70s. Unlimited QE funny money. Luna was a reconstruction of all Fiat currencies but accelerated. Watch out people! stablekwon nikhileshde You can say sorry 1 million times,that won't give us our money back,you are responsible,you must pay the price of rocking people's lives,so don't play with words

stablekwon nikhileshde Do something stablekwon nikhileshde He is best scamer 😂 stablekwon nikhileshde He is just heartbroken There are so many peoples hospitalised cause of heart'attack Millions of peoples lost everything what they earned Harder ..he just heartbroken It's just word ..no can't see his heart' Similiar project like Luna and RSR both are cheated all holders.

stablekwon nikhileshde He also said it was entertaining to see the coin crash 95% stablekwon nikhileshde Maybe you should Do Kwon! stablekwon nikhileshde No if he heartbroken he burn $LUNA not make it mores in circulating, his plan is to owned a lots of $LUNA legally until the price stabilized stablekwon nikhileshde Like F he is

stablekwon nikhileshde WTF! stablekwon nikhileshde Here comes the pity card.

Breaking: Do Kwon proposes Terra revival, including token redistribution planAfter two days of silence, the Terra founder has issued a new governance proposal keep the community alive and compensate token holders. stablekwon Many think hes a con stablekwon Lol at anyone naive enough to belive in this crook. stablekwon Who would put his money in Luna again? Lunatics 😂😂😂 There are plenty of other networks out there …

stablekwon nikhileshde FFS. Really? Not news. Totes BS stablekwon nikhileshde stablekwon nikhileshde 😔 stablekwon nikhileshde I’d like to know what happened to the Billions in $BTC that stablekwon sent to LFG_org. Asking for a friend… stablekwon nikhileshde Oh the scammers heart was broken while he looks at his millions! Cry me a river... Karma will deal with Kwon!

stablekwon nikhileshde His 'heartbreak' must pay in jail stablekwon nikhileshde Classic ponzu response stablekwon nikhileshde stablekwon nikhileshde Now what? So all this money suddenly vanished and “I’m sorry” Does he have a plan?

Do Kwon pitches revival plan for Terra blockchain, with distributions to LUNA and UST holdersDo Kwon, the co-founder and CEO of Terraform Labs, pitched a revival plan proposal on Friday following the collapse of the algorithmic stablecoin UST and its related Terra-based asset, Luna.

stablekwon nikhileshde Can I have his broken heart for dinner? stablekwon nikhileshde And how🤔 stablekwon nikhileshde ماذا نستفيد من خزنه بعد أن ضاعت أموالنا stablekwon nikhileshde Is he heartbroken for the falling knifes or for the lives that has been killed by the knifes? I do wonder 🤔 stablekwon nikhileshde We knew it going to happen from the beginning. This was fools gold.

stablekwon nikhileshde Well, that's nice. stablekwon nikhileshde Early btc adopters made Billions/Millions Be the early investors to adopt briseChain brc20 bitgertbrise projects 🔥BriseZilla 🔥 Dex staking NFT Metaverse meme 🔥ShibaRiseBRC🔥 HighAPY staking Farming meme 🔥BrogeOfficial 🔥 reflection 5% $Brise staking meme

stablekwon nikhileshde WTF.. how are the Luna coin holders? stablekwon nikhileshde Heartbroken but very very very rich. 😂😂😂 Won't be sending the Bitcoin in Terraluna's reserve fund to $LUNA holders though, just 'thoughts and prayers'. 😂 stablekwon nikhileshde Most people are brutal. There is no stopping to their hate and blame… They take pleasure in watching others fail, get pushed down, stepped on… The worse is when they add ammunition to chaos in the name of righteousness. Sad.

Terra, Luna and UST: How we got hereThe situation surrounding TerraUSD is complicated and has unfolded exceedingly fast. Here's what you should know so far. for those who got wrecked

stablekwon nikhileshde 도권 총맞고 죽을텐데? stablekwon nikhileshde lol stablekwon nikhileshde Cry me a river stablekwon nikhileshde stablekwon nikhileshde Remember he is the cockiest guy in crypto. He found entertainment in watching projects die, sure he’s still laughing now stablekwon nikhileshde He’s rich don’t fall for his PR

stablekwon nikhileshde And he won’t fix the minting problem and delete the coins minted in the last 48 hours he wants people to trust in a v2 Luna stablekwon nikhileshde Will he do something for recover or it's actually a dead end luna? stablekwon nikhileshde Arrogant little man, hope you dont start another stablecoin rugpull

Amid Terra crypto turmoil, ordinary investors start to pick up the piecesInvestors in the Terra crypto ecosystem have taken to social media amid major price declines in LUNA and UST.

Terra disaster fuels work of Congress on stablecoin legislationCongressional leaders are changing their approaches in response to the Terra algorithmic stablecoin debacle. the_postman_ And what if USDT gets audited 😂 the_postman_ DreadBong0 the_postman_ *planned not fueled

The Terra Blockchain Has Been HaltedThe development follows LUNAs death spiral and crash below one cent. Terra Blockchain on Pause The Terra blockchain is on standstill. The Terra blockchain was officially halted at a block... this an SCAM new. Terra has just resumed ops with performance improvements bro

tweet thread he was “heartbroken” about his creations losing functionally all of their value this week. Kwon, who founded Terraform Labs – creator of the LUNA governance token, TerraUSD stablecoin and various other cryptocurrencies – said he spent the last several days calling various community members about the tokens’ losing all of their value. Luna , which was worth nearly $120 at the start of April, collapsed in dramatic fashion this week and traded around 0.03 cents as of press time. “I still believe that decentralized economies deserve decentralized money – but it is clear that $UST in its current form will not be that money,” he tweeted. TerraUSD (UST), a stablecoin whose value was supposed to remain pegged to the dollar, lost that peg earlier this week and never recovered. Kwon pointed to his on Terra’s Agora governance forum for next steps. Posted earlier Friday, the plan envisions distributing ownership in the network across UST and LUNA holders; it acknowledges Terra’s stablecoin as it stands is irrecoverable. Read more: