Terra CEO Denies UST and LUNA Sale Allegations
Do Kwon, CEO of Terra, which caused havoc in the cryptocurrency world, claimed that no sales were made during the crisis.
Terra CEO Denies Allegations of UST and LUNA Sales. Terra Labs CEO Do Kwon made a statement on his official Twitter account regarding the allegations that caused havoc in the crypto world. Do Kwon especially emphasized that nothing was sold during the crisis.
[embed]https://twitter.com/stablekwon/status/1525238416991891457?s=20&t=GuiG1N80rK05QbhhI6hAmQ[/embed]
Terraform Labs co-founder and CEO Do Kwon stated that he and any institution he is involved in did not profit from the crisis, and used the following expressions:
“I spent the last days talking on the phone constantly with the Terra community members, which are project developers, software developers, employees, friends and family. I am heartbroken and saddened by the pain that the project I created has brought you.”
On the other hand, the new recovery plan was shared on Terra's website yesterday.
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