KWON-DO-HYUNG is listed on this Korean doc as disolving his firm Terraform Labs on April thirtieth, registered Might 4th. The act of dissolving simply days earlier than the collapse of UST suggests the intent to get rid of accountability of the aftermath, which serves as proof that he knew one thing was going to occur. On high of all of it, Do Kwon’s Terra basis despatched 52,189 Bitcoin to Gemini and 28,205 Bitcoin to Binance, which had been supposed to function reserves to prop up TerraUSD (UST). So what occurred right here? This seems like one large premeditated crime to steal 2 billion USD price of Bitcoin by way of utilizing Terra Luna and UST because the entrance.
Beneath is the documentation displaying Terraform labs being dissolved simply days earlier than the collapse
