Terra Research Forum Member Says TFL Actually Owns 42 Million $LUNA and Do Kwon Uses Shadow Wallet to Manipulate Governance

Terra Research Forum member FatMan tweeted that Do Kwon has stated numerous times that TFL has zero new $LUNA tokens, making Terra 2 'community owned'. This is an outright lie that nobody seems to be talking about. In fact, TFL owns 42M $LUNA, worth over $200m. Do used his shadow wallet to approve his own proposal through governance manipulation (TFL is not supposed to vote), told everyone it would be a community-owned chain, and then gave himself a nine-figure score. These are just verified wallets - there are many others.
Source

Terra

Do Kwon

Event

In This Article

Related News
Avalanche buys back $53M of AVAX tokens from Terra’s LFG Avalanche buys back $53M of AVAX tokens from Terra’s LFG
BloFin Impresses at TOKEN2049 Singapore with Strong Vision for Rapid Expansion BloFin Impresses at TOKEN2049 Singapore with Strong Vision for Rapid Expansion
Terra chain halts operations, ASTRO token falls over 60% Terra chain halts operations, ASTRO token falls over 60%
TokenPost Heats Up 'Crypto Fever' with Global Web3 Roadshow 'IXO™ 2024: Embrace the Future' TokenPost Heats Up 'Crypto Fever' with Global Web3 Roadshow 'IXO™ 2024: Embrace the Future'
Do Kwon Released From Prison in Montenegro Do Kwon Released From Prison in Montenegro
Latest News More More
2 Days Ago Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
2 Days Ago Mt. Gox moves over $1 billion worth of bitcoin to unmarked address: Arkham
3 Days Ago Ethereum devs activate Pectra upgrade on Sepolia testnet in last phase before mainnet rollout
3 Days Ago Binance Records $3.97B Weekly Inflows
3 Days Ago MEXC Partners With Hacken to Increase Security Standards
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open