Do Kwon denies fresh allegations of withdrawing $2.7B from Terra ecosystem
Well-known anonymous Twitter account FatManTerra made another massive allegation yesterday, arguing that Do Kwon, the founder, and CEO of Terra, cashed out a whopping $2.7 billion over the span of months prior to UST’s depeg in May.
Hours later, Do Kwon took it to Twitter to completely refute the claims, slamming them as “categorically false.” He also said that for the last two years, the only thing he had earned was a nominal cash salary from TFL, and deferred taking most of his founder’s tokens.