Anonymous vows to bring Do Kwon’s ‘crimes’ to light

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Hacktivist group Nameless has pledged to “be sure” Terra co-founder Do Kwon is “dropped at justice as quickly as potential” regarding the collapse of the Terra (LUNA) and TerraUSD (UST) ecosystems in Could. 

On Sunday, a video purportedly coming from the Nameless hacker group rehashed a laundry listing of Kwon’s alleged wrongdoings, together with cashing out $80 million every month from Luna and TerraUSD previous to its collapse in addition to his position within the fall of steady coin Foundation Money, for which Do Kwon allegedly co-created beneath the pseudonym “Rick Sanchez” in late 2020.

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“Do Kwon, if you’re listening, sadly, there’s nothing that may be performed to reverse the harm that you’ve performed. At this level, the one factor that we are able to do is maintain you accountable and just be sure you are dropped at justice as quickly as potential.”

The hacker group stated it could be wanting into Do Kwon’s actions since he entered the crypto area to show his alleged crimes. 

“Nameless is wanting into Do Kwon’s whole historical past since he entered the crypto area to see what we are able to study and convey to mild,” the group acknowledged.

https://www.youtube.com/watch?v=RB4rK9eB2oE

“There is no such thing as a doubt that there are various extra crimes to be found in your path of destruction.”

The hacker group additionally criticized Kwon for his “boastful ways” in trolling opponents and critics and “appearing like he would by no means fail.”

Originating in 2003 on 4chan, Nameless is a decentralized worldwide activist collective recognized for orchestrating cyber assaults towards authorities establishments, companies, personal companies, and even the Church of Scientology.

In June 2021, the identical YouTube channel took goal at Tesla CEO Elon Musk for allegedly “destroying lives” utilizing his clout and affect on Twitter to play with the crypto markets. The video has round 3.4 million views as of at the moment.

It’s price noting that there are a number of YouTube channels that both declare to be affiliated with the hacker group Nameless. Nevertheless, there’s a basic consensus that there is no such thing as a official YouTube channel for the group, given its inherent decentralized and nameless nature.

Combined reactions from the neighborhood

Commenters of the YouTube video and the neighborhood on Twitter gave the impression to be broadly supportive of the hacker group’s pledge to go after Kwon, with one commenter calling Nameless the “Robinhood of at the moment.”

Nevertheless, the video message garnered extra skepticism on the r/CryptoCurrency subreddit, with customers criticizing the hacker group for issuing an empty menace towards Kwon and offering no new info to the general public, with one commenter saying:

“Nameless is so teen bop now […] This anon video is so non-threatening it is nearly weird.”

Whereas one other stated, “would anticipate them to have uncovered one thing however its nothing greater than, properly nothing.”

It seems that, for now, Kwon will seemingly have larger, extra tangible threats to fret about.

Terraform Labs, for which Do Kwon is the co-founder, is at the moment beneath a number of investigations from the South Korean authorities, together with the alleged embezzlement of Bitcoin (BTC) from the corporate’s treasury.

Associated: South Korean prosecutors ban Terraform Labs staff from exiting the nation: Report

In Could, a well-known monetary crimes investigation unit dubbed the “Grim Reapers of Yeouido” was revived by South Korea to analyze the collapse of Terra. The group consists of assorted regulators and can concentrate on prosecuting fraud and unlawful buying and selling schemes.

Later that month, Korean authorities subpoenaed all Terraform Labs staff to analyze any inside position in market manipulation.

The corporate has additionally been fined $78 million by South Korea’s nationwide tax company for tax evasion fees.

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