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.