Anonymous Aiming To Bring Terra Founder Do Kwon’s ‘Crimes’ To Light

Adekunle Joshua
3 Min Read

Hacktivist group Anonymous has pledged to “make sure” Terra co-founder Do Kwon is brought to justice regarding the collapse of LUNA and UST ecosystems in May.

The Anonymous hacker group released a video on Sunday detailing Kwon’s alleged wrongdoings, including cashing out $80 million each month from LUNA and UST before its collapse, as well as his role in the fall of stable coin Basis Cash, for which he co-created under the moniker “Rick Sanchez.”

“Do Kwon, if you are listening, sadly, there is nothing that can be done to reverse the damage that you have done. At this point, the only thing that we can do is hold you accountable and make sure that you are brought to justice as soon as possible.”

The hacker group said it plans on investigating Do Kwon’s actions since he entered the crypto space because of his alleged crimes.

“Anonymous is looking into Do Kwon’s entire history since he entered the crypto space to see what we can learn and bring to light,” the group stated.

“There is no doubt that there are many more crimes to be discovered in your trail of destruction.”

The hacker group also criticized Kwon for his “arrogant tactics” in trolling competitors and critics and “acting like he would never fail.”

In 2003, an anonymous group called “Anonymous” was born on 4chan. This international activist collective has orchestrated cyber attacks against government institutions and even the Church of Scientology to voice their opinions about society’s issues, including poverty-related things like human rights abuses around the world or environmental concerns.

In June 2021, the same YouTube channel aimed Tesla CEO Elon Musk for allegedly “destroying lives” using his clout and influence on Twitter to play with the crypto markets. The video has around 3 million views as of Monday.

Many YouTube channels claim to be affiliated with the hacker group Anonymous. However, it is generally believed that there isn’t an official YouTube channel for this group. The reason being its decentralized and anonymous nature makes tracking them challenging in the first place.

Mixed Reactions From The Community

The YouTube video that features hackers threatening to go after Kwon has received primarily positive feedback from viewers. One person even compared them to Robin Hood because of their actions.

But a user on the r/CryptoCurrency subreddit said 

“So it looks like we’re going to have another empty threat from these hackers. They’ve been issuing many of them lately, and not much has come true.”

While another said, “would expect them to have uncovered something but its nothing more than, well, nothing.”

It appears that, for now, Kwon will likely have more significant and more tangible threats to worry about.

TAGGED:
Follow:
Adekunle Joshua is a crypto journalist and writer at Voice of Crypto, where he covers cryptocurrency, blockchain, NFTs, DeFi, and the Metaverse. He joined Voice of Crypto in 2022 after working as a freelance technical writer at Bulltoken, a cryptocurrency crowdfunding platform in Norway, where he developed technical whitepapers and collaborated with development teams to document blockchain protocols. Throughout his career, Joshua has specialized in demystifying complex crypto concepts for broad audiences through clear, accessible writing. His expertise spans cryptocurrency market analysis, trend forecasting, Ethereum ecosystem coverage, and blockchain technology reporting. He collaborates with editorial teams to deliver unbiased, engaging content that drives traffic and elevates brand awareness for crypto projects worldwide. Joshua graduated from the Federal University of Agriculture, Abeokuta (FUNAAB), Nigeria with a Bachelor of Engineering in Electrical and Electronics Engineering in 2021. Disclosure: No significant crypto holdings.