Nameless Vowed to Expose Do Kwon’s Suspicious Actions From the Terra Collapse

Home » Nameless Vowed to Expose Do Kwon’s Suspicious Actions From the Terra Collapse

The infamous hacker collective – Nameless – mentioned it is going to be a part of quite a few governments which are conducting investigations towards Terra’s Co-Founder – Do Kwon. The native token of the cryptocurrency venture – LUNA – and its algorithmic stablecoin – UST – crashed to zero final month, leading to painful traders’ losses.

As such, Nameless vowed to discover Do Kwon’s relation to the problem and maintain him accountable for the harm he had brought about.

Do Kwon to Бe ‘Delivered to Justice’

Terra’s failure was undoubtedly one of many high subjects within the cryptocurrency house final month. It began when UST misplaced its peg and plunged means beneath the goal of $1. Because of the asset’s algorithmic nature and reference to LUNA, sure merchants managed to use this and revenue by arbitrating it. This basically drove each tokens’ costs to just about zero in a matter of days.

Aside from the panic among the many crypto contributors, the crash was devastating to quite a few traders who had beforehand distributed hundreds of thousands into LUNA/UST. A number of stories claimed that some people even dedicated suicide as a result of colossal losses.

In a latest video, the hacking group – Nameless – mentioned the one to be blamed for the adversarial aftermath is Do Kwon – Co-Creator and CEO of Terraform Labs. The group additional vowed to show all secrets and techniques of the South Korean, calling him a “scammer:”

“Nameless is wanting into Do Kwon’s complete historical past since he entered the crypto house to see what we are able to be taught and convey to gentle. There is no such thing as a doubt that there are a lot of extra crimes to be found in your path of destruction.”

The extra frauds would possibly seek advice from Do Kwon’s relation to a different stablecoin referred to as “Foundation Money.” The South Korean was one of many Co-Founders of the venture, working below the pseudonym “Rick Sanchez.” Much like UST, “Foundation Money” plummeted to zero.

Annonymous additionally acknowledged that Kwon has no energy to reverse the destructive state of affairs he has introduced together with his actions.

“At this level, the one factor that we are able to do is maintain you accountable and just remember to are dropped at justice as quickly as attainable,” the video concluded.

Nameless Took Half within the Russia-Ukraine Conflict

The intercontinental hacker group has repeatedly supported Ukraine’s trigger towards Russia. For instance, it breached greater than 300 Russian targets accumulating over RUB 1 billion (round $10 million). It additionally declared struggle on Vladimir Putin, warning he’ll “face unprecedented cyberattacks from all corners of the world” ought to he not stop his “particular army operation.”

Firstly of March (when Putin’s troops have been quickly invading Ukraine), Nameless made the headlines once more. The group supplied $52,000 price of bitcoin to these Russian troopers who surrendered their tanks:

“Russian troopers, everybody who needs to reside with their households, youngsters, and never die, the Nameless world group has collected RUB 1,225,043 in bitcoin that can assist you.”

Featured Picture Courtesy of The Wrap

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