Conversation

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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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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Korea has zero crypto taxes and cheaper cost of living - not a major factor in my decision

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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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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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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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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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What about reports that you could be summoned to a parliamentary hearing by Yun Chang-hyun -- or the supposed pending lawsuit against you by LKB & Partners?

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Happy to engage with any lawsuit or regulatory inquiry to the best of our ability - we have nothing to hide.

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Use ur founds , buy Luna and burn it

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Replying to

We definitely dont have that kind of money

12:44 PM · May 21, 2022Twitter for iPhone

Replying to

With Terra 2.0 will the exchanges get air dropped?

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Yes

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It will continue living, and our infrastructure and tools will continue to support it

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Replying to

what's wrong with the no fork proposals on terra station?

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Why does there need to be a no fork proposal Just vote against the fork proposals Same outcome, no?

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Replying to

Sir I’m asking again for a buy/sell tax. That’s possible and it would be the GREATEST comeback in crypto’s history. CZ and Vitalik also said WE MUST rescue this coin, don’t run away and be a LEADER for your community.

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Tax does not solve problems - it slows down money velocity and makes the network less useful

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Replying to

You are ok to burn, but you don't have funds. Isn't it?

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Correct

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