Page 14 - Do Kwon News Today

Terraform Labs CEO and co-founder Do Kwon said that he believed in the stability of Terras algorithmic stablecoin UST and apologized to investors for what happened.

Kwon showed in the interview his knack at double-talking.

"This revised proposal aims to better align incentives across the ecosystem and focus on attracting developers, onboarding users and promoting deep liquidity," the proposal read.

Do Kwon is known for insulting his critics on Twitter by calling them "poor."

NEW YORK (Bloomberg): Crypto fugitive Do Kwon, who faces charges in South Korea related to his collapsed stablecoin ecosystem, said he’s cooperating with prosecutors but hasn’t seen the arrest warrant issued for him.

Cryptocurrency and cybercrime were the major focus of Interpols 90th general assembly in India.

The guesting will mark Do Kwons second appearance since the spectacular of the Terra ecosystem.

Before the historical crash, Terra Classic was trading at around $166.

The executive is one of the five TFL employees for whom the South Korean prosecutors issued an arrest warrant on Sept. 14.

In reality, the Terra Classic revival plan, including the burn initiative, remains on track regardless of Kwons involvement since the community has taken the matter into its hands.