Conversation

Do Kwon 🌕
@stablekwon
I’ve been in Singapore since last December - this is a personal decision and has long been planned. I’ve been open about being located in Singapore across multiple interviews and podcasts Shutting down a company just takes some time, and timing is purely coincidental
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FatMan
@FatManTerra
True! This is what I've been saying - nothing shady or scammy about wrapping up and moving out of Korea. The only thing you wanted to do is pay less taxes. And maybe eat better food? Chicken rice is great TBF. Very unlucky timing because it makes things look worse than they are.
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FatMan
@FatManTerra
Are you not being pursued by the Korean tax authorities for over $78m in unpaid business taxes? Singapore has lower business taxes and zero capital gains tax. Your ex-dev also mentioned Korean tax officials were 'harassing' employees in your office. Come on now...
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Do Kwon 🌕
@stablekwon
We have no outstanding tax liabilities in Korea The NTS did conduct a tax audit across all the major crypto cos with a presence in Korea and applied Korean tax code to foreign mother companies, and every company ended up paying as a result - we paid in full Not unique to TFL
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FatMan
@FatManTerra
Very interesting - that's completely contrary to what the media says, but thank you for the information. It would be awesome if you could post more details/evidence of this at some point.
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Do Kwon 🌕
@stablekwon
Understand why this would be interesting to look at for gossip but not sure if its relevant to anything thats going on Korean govt needed money to shore up covid spending, creatively charged millions from crypto companies, and we paid our share in full - all there is to it
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Galactico
@jackdx16
Any chance TFL could have a whip round and donate some of their profits from this year to top-up the balance for the UST compensation plan..?
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Tony
@Tony22848515
Can you listen to all the people who are asking for a LUNA burn? The proposal even passed and you don’t care.
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Reggisto Pendolo
@ReggistoP
Replying to
@stablekwon
@Tony22848515
and 4 others
So you want to say to me that it's so difficult put a tax in buy and sell and using it to burn Luna? With only 1 your tweet about this new way to recover Luna volume will be x10 and Luna will come back at ath. In this way ALL people,Cz,pre and post investors will be ok! DO THIS!!
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Do Kwon 🌕
@stablekwon
Make a gov proposal to set tax_rate to 0.02 and tax_cap to some really high number then - i just dont think its going to be effective
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Show replies
Marcus
@Marcusbramham
Replying to
@stablekwon
@Tony22848515
and 4 others
Kwon, like everyone you’ve probably been shell shocked hence your silence to date.Investors in the ecosystem want to help & have put up some valid recommendations like a tax on the sale of Luna,keep existing chain, swap existing assets to Luna & burn them. Time is running out.
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