Do Kwon Breaks Three Weeks Twitter Silence, And Is Greeted By Displeasure

Do Kwon has put up a tweet on the microblogging platform, reinstating his belief on what decentralized networks need.

Terra Founder Breaks Silence On Twitter, Community Not Pleased

After three weeks of inactivity, Terraform Labs Co-Founder and CEO Do Kwon made a new post on microblogging platform Twitter, reasserting his view on what decentralized networks need to succeed.

Do Kwon Revives Twitter Presence

Do Kwon, who went underground after the collapse of Terra and the piling up of lawsuits against Terraform Labs, has shown his face after three weeks of silence. Kwon tweeted:

However, Kwon’s tweets on decentralized money was met with outrage from users, forcing him to turn off comments on the post. Despite the restrictions, users are still having their say on the matter through the use of quote tweets.

Users Show Displeasure Towards Kwon

With Do Kwon’s attempt at decentralized money ending up in the failed Terra Classic, and a struggling new Terra network, users took to Twitter to attack the Terraform Labs CEO for his brazen comments.

Reacting to Do Kwon’s comments on decentralization, user @thecryptomonk wrote:

Popular futures trader and crypto investor going by the handle “CoinMamba” also reacted to Kwon’s tweet, writing:

Another user, Mounia | IPC, reacted strongly, writing:

On the Flipside

  • The collapse of Terra was one of the biggest contributors to the crypto winter, with institutional investors selling more than 236k BTC worth $5.3 billion since May.

Why You Should Care

Kwon’s statements on decentralization were made in light of Circle’s ban on all Ethereum addresses associated with Tornado Cash–a decentralized application used to mix crypto to cover a trail of blockchain transactions. 

Why is Kwon not in Prison? Read more below:

Why Is Luna’s Do Kwon Not in Prison Yet?

For more information about the allegations against Kwon, read:

Do Kwon Allegedly Launders $80 Million in a Month, SEC Court Investigates Terra’s Downfall

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Milko Trajcevski

Milko Trajcevski is a DailyCoin news reporter, mainly focused on Ethereum (ETH), Cardano (ADA), and their founders (Vitalik Buterin and Charles Hoskinson). Milko is an avid follower of crypto and blockchain technology and has written thousands of articles on the subjects. He finds joy in transforming complex issues into written content that anyone can understand. Milko has used and analyzed numerous exchanges, such as Coinbase, FTX, and Binance. He also closely follows all of the latest news around the largest decentralized exchanges (DEXs). Location: Skopje, Macedonia