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    Do Kwon Allegedly Used Mystery Wallet With 20M LUNA To Manipulate Proposal Votes

    Van Tran by Van Tran
    June 16, 2022
    in Policy & Regulation
    Do Kwon Allegedly Used Mystery Wallet With 20M LUNA To Manipulate Proposal Votes
    Share on FacebookShare on Twitter

    Summary:

    • Fatman, a member of the Terra Community, has indicated that Do Kwon possesses a mysterious wallet containing a 20 million LUNA airdrop.
    • According to Fatman, Do Kwon uses the Terra wallet to influence community voting on suggestions.

    Fatman, a member of the Terra community, has indicated that the project’s creator, Do Kwon, has been utilising a wallet with 20 million LUNA to influence proposals in his favour.

    The mysterious wallet, according to Fatman, has voted on all of Do Kwon’s ideas. The following tweet from Fatman shows a snapshot of a chat with Do Kwon that suggests the wallet is his.

    Caught. The ‘mystery’ wallet with a 20M LUNA airdrop that was voting on Do’s own proposal, delegating to North Star, insider trading ASTRO, etc. – it is officially confirmed that it belongs to Do Kwon himself. (1/3) pic.twitter.com/QqfBnk6Oxe

    — FatMan (@FatManTerra) June 12, 2022

    TerraForm Labs, and Do Kwon Do do not care about you.

    In a follow-up tweet, Fatman notes that TerraForm Labs first stated that they do not vote on any proposals and that none of their Terra wallets got the LUNA airdrop. The mysterious 20 million LUNA wallet, however, says otherwise. 

    Additionally, he emphasised that TerraForm Labs lacks concern for the community. They informed you that TFL does not vote, he said. They stated that TFL did not receive the drop. They use wordplay and manipulation to extract more money from the ‘community’ at every turn. He doesn’t care about you. You have always been an instrument in his hands.

    Fatman questions Binance’s decision to suspend Bitcoin withdrawals

    Fatman questioned in a tweet earlier today why Binance has halted Bitcoin withdrawals despite the BTC network’s capacity to function despite such transactions. Fatman hypothesised that Binance may have depleted its entire hot wallet amount. He also doubted that Binance and CZ were telling the truth about the Bitcoin withdrawal ban. 

    He stated:

    By the way, I’m just pointing out a detail in his wording that I found interesting. I do not think Binance is insolvent – nor do I think they will ever be insolvent – FTR, I think @cz_binance is in general an intelligent, honourable man. Withdrawals will be fine, give it a bit.

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