It seems that Kwon is in a bit of trouble. Was UST a failure of algorithmic stablecoins or a scam from the beginning?
Reports are surfacing that it is the latter.
Maybe the stablecoins arent broken after all just UST.
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Do Keon was behind several failed projects in this space. Terra seemed to be a winner but you can’t change his habits
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Yeah he is another Justin Sun it seems. Both cut from the same mold.
It seems that Sun, at least thus far, has a better approach to avoiding the authorities. Kwon has a lot already after him.
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Sun seemed to approach it with the knowledge that he would one day be chased
Kwon approached it like he was the next elon musk
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Yeah he does think he is the next great thing.
The challenge is he is to shady to ever be anything legitimate.
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