🚨 FROM BILLIONAIRE TO PRISONER: THE $40B CRYPTO COLLAPSE THAT SHOCKED THE WORLD
In 2022, the crypto world witnessed one of its darkest chapters —
🌑 The fall of LUNA and the collapse of the Terra ecosystem.
At the center of the storm was a name that once inspired confidence in DeFi:
Do Kwon, the founder of Terraform Labs.
But what started as an ambitious project turned into a financial catastrophe that erased $40 billion in value — almost overnight.
👤 Who is Do Kwon?
Born in Seoul in 1991, he later graduated from Stanford University in 2015 as a software engineer.
He worked at Apple and Microsoft before launching what many believed would be the backbone of decentralized stablecoins.
But Luna’s algorithmic stablecoin model collapsed under market pressure, leading to one of the largest investor losses in crypto history.
The result?
🔒 Over 100 years of prison time now loom over the former crypto mogul — accused of fraud, deception, and manipulation.
💡 The Lesson?
Crypto isn’t a get-rich-quick game.
Innovation is powerful — but without transparency, it becomes a time bomb.
The fall of Terra was a wake-up call for regulators, investors, and developers worldwide.
🌍 In a space driven by trust and code — trust is earned, not promised.
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