Terra Founder Do Kwon Says Luna Collapse ‘My Responsibility Alone’
Source: Screen capture/YouTube Terra (LUNA) founder Do Kwon has said in a recent podcast interview that the collapse of Terra due to design weaknesses is “my responsibility alone,” while admitting that “it’s not easy&rdquo ; to own up to the responsibility. Speaking in an interview with host Laura Shin on the Unchained Podcast, Do Kwon admitted that there may have been issues with Terra’s design that contributed to its downfall, and that he is responsible. “Whatever issues existed in Terra’s design, it’s weakness [in responding] to the cruelty of the markets, it’s my responsibility and my responsibility alone,” Kwon said. The controversial crypto entrepreneur added that he is still bothered by the fact that so many users were let down and hurt due to Terra’s collapse. “So, for the community […] the downfall of the companies that chose to build on Terra, for the hundreds of thousands if no...