FatMan

Always knew that, the behavior of Do Kwon right after the event was not the behavior of a person who is under attack. It was rather the behavior of a premeditated escape

Amazes how many lunc fanboys are still sticking up for @stablekwon saying he did nothing wrong

They bought the dip or somehow managed to get out without major losses. They don't give a shit about people who got devastated by the fraud.

The sooner regulation or banning as some countries are planning is implemented, the better for the whole Crypto business.

Probably. However, there's already enough regulation. Fraud is fraud here and everywhere in the civilized world. Crypto is not exempted from criminal law. Only specific details can be added through new regulations

There was no fraud Algorithmic stablecoins based on seigniorage were an experiment with vulnerabilities The vulnerability was exploited & UST lost its peg. It’s not the first algo stable to lose its peg either People who buy crypto should know the risks

The risks are obvious but not when there is a criminal at the helm doing insider dealing and rug pulling. I have yet to see any proof to say he didnt