The Daily Hodl
2022-06-14 18:45:56

Do Kwon Addresses Rumors That He Cashed Out $2,700,000,000 From Terra Ecosystem Before UST Collapse

The embattled chief executive of Terraform Labs is adamantly denying whispers that he cashed out billions of dollars worth of Terra (LUNA) and TerraUSD (UST). Rumors are circling on Twitter that Terra founder Do Kown used a borrowing protocol called “Abracadabra’s Degenbox” to cash out of LUNA and UST and into the stablecoins Tether (USDT) […]The post Do Kwon Addresses Rumors That He Cashed Out $2,700,000,000 From Terra Ecosystem Before UST Collapse appeared first on The Daily Hodl.

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