The Korean tax authorities tried to tax TFL $78m. (Wow, how much money did they make?) Do Kwon set up "Luna Foundation Guard" in Singapore to avoid paying the higher Korean tax rate. He then gifted a large amount of company assets to LFG. So... 'Peg defense' or a safe haven?https://twitter.com/DooWanNam/status/1526962517850849282 …
-
Both? I see nothing wrong if it was to protect funds that could serve the chain.
Yeah, could definitely be both. Not attributing malice here - I just think it's an interesting bit of information, since I didn't consider the tax angle before. Korea will try to get their fair share before victims.
-
-
Mr. FatMan I'm really hoping you don't disregard malice lol
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
this info is the last straw. We now have the biggest "creditor" whose claim on remaining assets singlehandedly outweighs others. Retails' hope of scrapping the bottom is gone.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.