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Do Kwon of Terra: 'It Was Never Really About Money or Fame or Success' - Ep. 408

Unchained
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72K views 2 years ago Unchained
Do Kwon of Terra: 'It Was Never Really About Money or Fame or Success' - Ep. 408 Do Kwon, cofounder of Terraform Labs, discusses the charges against him, gives a message to Terra victims, answers allegations about potential fraud and non-transparent business practices, and much more. 🔥 EPISODE LINK 🔥 CHECK OUT THE EPISODE LINKS AND DETAILS HERE 👉 https://unchainedpodcast.com/do-kwon-... 👈 Show highlights: 🔹 whether Do finds the charges based on the Capital Markets Act legitimate 🔹 why he doesn’t want to discuss his location 🔹 whether the South Korean government is lying about the accusations against him 🔹 what happened with the BTC held by the Luna Foundation Guard 🔹 whether Do regrets being so arrogant in his tweets 🔹 what he would say to the people who lost huge amounts of money in Terra or family members of people who committed suicide due to its collapse 🔹 the decision to set Anchor’s yield near 20% 🔹 why Terra had a large …...more
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Do Kwon of Terra: 'It Was Never Really About Money or Fame or Success' - Ep. 408
1.5KLikes
72,773Views
2022Oct 18
Do Kwon of Terra: 'It Was Never Really About Money or Fame or Success' - Ep. 408 Do Kwon, cofounder of Terraform Labs, discusses the charges against him, gives a message to Terra victims, answers allegations about potential fraud and non-transparent business practices, and much more. 🔥 EPISODE LINK 🔥 CHECK OUT THE EPISODE LINKS AND DETAILS HERE 👉 https://unchainedpodcast.com/do-kwon-... 👈 Show highlights: 🔹 whether Do finds the charges based on the Capital Markets Act legitimate 🔹 why he doesn’t want to discuss his location 🔹 whether the South Korean government is lying about the accusations against him 🔹 what happened with the BTC held by the Luna Foundation Guard 🔹 whether Do regrets being so arrogant in his tweets 🔹 what he would say to the people who lost huge amounts of money in Terra or family members of people who committed suicide due to its collapse 🔹 the decision to set Anchor’s yield near 20% 🔹 why Terra had a large SDT pre-mine that was not proactively disclosed 🔹 whether Do’s actions show he didn’t think that the algorithmic mechanism was sufficient to keep UST pegged to the dollar 🔹 whether Terraform Labs cashed out $2.7 billion using Degenbox 🔹 why there were no disclosures about Chai terminating its agreement with Terra 🔹 why the Terra blockchain went through a hard fork without a public discussion 🔹 the failure of the basis cash stablecoin, also worked on by Do Kwon 🔹 whether an algorithmic stablecoin can work 🔹 the week of the UST depeg and what happened to the funds held by LFG 🔹 where the 3 million Luna unlocked per month by Project Dawn went 🔹 when the LFG will return funds to UST holders 🔹 what Do would do differently if he had the chance to go back *** Quick correction At 7min 18sec, I misspoke, the Korean government posted a pdf for Do Kwon’s passport revocation, not his arrest warrant. *** Thank you to our sponsors! 🔹 Crypto.com 🔹 Chainalysis 🔹 web3 with a16z _______________________________________________________ Time Stamps: 00:00:00 Intro 00:03:10 Red notice 00:04:40 Charges based on the Capital Markets Act 00:07:18 - CORRECTION - See Description 00:08:41 Do’s location 00:11:21 South Korean lies? 00:13:33 LFG BTC holdings 00:17:46 His arrogance on Twitter 00:20:07 Do’s regrets? 00:28:59 Anchor yield 00:31:55 SDT pre-mine 00:38:01 UST peg 00:45:06 Degenbox 00:49:48 Chai 00:55:54 2019 hard fork 00:59:50 Basis cash stablecoin 01:01:05 The depeg of UST 01:15:13 Project Dawn 01:17:30 Compensation to holders 01:19:52 Do’s beliefs 01:23:28 Learnings 01:26:49 Closing thoughts _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ FOLLOW UNCHAINED! 📹 WHY BITCOIN NOW? →    • Why Bitcoin Now: Michael Saylor on th...   CHECK OUT THE CRYPTOPIANS →    • TRAILER: The Cryptopians: Idealism, G...   WEBSITE → https://unchainedpodcast.com UNCHAINED DAILY NEWSLETTER → https://unchainedpodcast.com/category... BULLETIN NEWSLETTER → https://laurashin.bulletin.com LAURA'S TWITTER →   / laurashin   UNCHAINED TWITTER →   / unchained_pod   FACEBOOK →   / unchainedwithlaurashin   YOUTUBE →    / unchainedpodcast   INSTAGRAM → https://www.instagram.com/laurashin/?... LINKEDIN →   / laurashin   MERCHANDISE → https://shop.unchainedpodcast.com/ ++++++++++++++++++++++++++++++++++++++++++++++++ NEW EPISODES OF UNCHAINED EVERY TUESDAY AND FRIDAY! THE CHOPPING BLOCK LIVESTREAMED EVERY OTHER TUESDAY! Apple → https://podcasts.apple.com/us/podcast... Spotify → https://open.spotify.com/show/1cJrrfG... Google Podcast → https://www.google.com/podcasts?feed=... Stitcher → https://www.stitcher.com/podcast/forb... TuneIn → https://tunein.com/podcasts/Business-... Youtube →    • Unchained   Website → https://unchainedpodcast.com/category... RSS Feed → https://unchained.libsyn.com/unchained ++++++++++++++++++++++++++++++++++++++++++++++++ YOUR NO-HYPE RESOURCE FOR ALL THINGS CRYPTO! ++++++++++++++++++++++++++++++++++++++++++++++++
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