Yugocean
Valued Contributor
A new debate has erupted on social media about Luna, believed to be the SEC's investigation into Do Kwon's scam.
It is believed that Do Kwon was withdrawing 80 million in cash a month and depositing it in a secret account. Kwon allegedly withdrew $2.7 billion.
People are also pointing out that during Luna crash, DO KWON, while providing the address of a wallet on his Twitter, described it as a burning wallet, and told people to send Luna to that address for burning purpose; some people believed in him there too (He even too U Turn). Although that was a normal wallet, and not the address for the Burning project, thus DO KWON did a double scam.
Some are even taking a jibe at all the influencers and YouTube channels who supported Luna by asking people to buy it and promoted Ponzi in a way. Although such people have come for their defence, according to them they were not coerced to buy anything, everyone is personally responsible for their investments.
It is believed that Do Kwon was withdrawing 80 million in cash a month and depositing it in a secret account. Kwon allegedly withdrew $2.7 billion.
People are also pointing out that during Luna crash, DO KWON, while providing the address of a wallet on his Twitter, described it as a burning wallet, and told people to send Luna to that address for burning purpose; some people believed in him there too (He even too U Turn). Although that was a normal wallet, and not the address for the Burning project, thus DO KWON did a double scam.
Some are even taking a jibe at all the influencers and YouTube channels who supported Luna by asking people to buy it and promoted Ponzi in a way. Although such people have come for their defence, according to them they were not coerced to buy anything, everyone is personally responsible for their investments.
