A month after the collapse of the Earth ecosystem, investigators are uncovering what went wrong behind the massive LUNA crash that wiped out $ 40 billion of Investors within a week. The hacktivist group Anonymous recently released a video in which it is committed to uncovering the "crimes" of Terra co-founder Do Kwon.
In the video, Anonymous said it will "make sure" that Kwon is "brought to justice as soon as possible". In a video released on Sunday, June 26, hacker group Anonymous released a list of all of Kwon's misdeeds.
These include grossing $ 80 million a month from TerraUSD and LUNA prior to its collapse. Additionally, Kwon's role in the collapse of the stablecoin Basis Cash comes to light, a project Kwon was working on prior to Terra. In the video message, Anonymous notes that:
Do Kwon, if you are listening, sadly there is nothing that can be done to reverse the damage you have done. At this point, the only thing we can do is hold you accountable and make sure you are brought to justice as soon as possible ”.
"Anonymous has been looking into the entire Do Kwon story since it entered the cryptocurrency space to see what we can learn and unearth," adds the hacker group. "There is no doubt that there are many more crimes to be discovered in its wake of destruction."
Furthermore, the hacker group also points out Kwon's arrogant tactics of trolling competitors and critics and behaving as if he could never fail.
Anonymous takes it out on the personalities of cryptocurrency
Anonymous is a decentralized international collective of activists formed in 2003. It has recently hunted down prominent cryptographic personalities. Last year, in June 2021, Anonymous targeted billionaire Elon Musk for allegedly "destroying lives" using his fame, influence and his Twitter.
Anonymous also lashed out at Musk for trying to play with the cryptocurrency market. To date, the video has surpassed 3,4 million views. However, Anonymous isn't the first to call on Musk.
In fact, many have claimed that Musk is behind Bitcoin and Dogecoin's price manipulation. Recently, one of Dogecoin's investors also sued Elon Musk for a staggering $ 258 billion. The complaint alleged that Elon Musk was operating and managing a Dogecoin pyramid scheme.
Immediately after the video was posted on YouTube, Anonymous received community support. Followers thanked the channel for its efforts to bring out the truth. However, users of the r / CryptoCurrency subreddit were more skeptical and called it an empty threat.
One commentator said: "Anonymous is so teen bop now […] This anon video is so non-threatening that it's almost bizarre." Another added: "I would have expected them to find out something, but it's just, well, nothing." Terraform Labs are currently undergoing several investigations in South Korea following the dramatic collapse.