What does the community feel about a massive decentralized legal fund war chest (raised by issuing governance tokens) to help UST victims seek restitution against TFL via a class action filed in Singapore? Token holders vote on major decisions and are rewarded if the case wins.
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They have so much money that is hidden. Any investigator scratching the surface will find tons of assets to seize.
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Do Kwon will have much of his wealth in crypto. He has too many options to hide it, move it, “gift” it or bury it either way it’s never getting seized
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Not enough money allegedly
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If they think this is coming, they may not refund UST holders and may just keep all of the funds to defend litigation and then we are all screwed.
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I've been informed that there's a decent chance all money paid to counterparties close to insolvency can potentially be clawed back, including trades with VCs etc.
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So will they decide to living in jail with that money ?
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Have you done any research on Terra Form Labs and their liquidity as a company?
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Yes, lots, although most are unverified leads that I'm still working on so I haven't been able to publish anything on Twitter about it
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