The Other Side Of The Do Kwon Story: Fat Man Terra Visits Laura Shin
October 22 2022 - 11:41AM
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It’s time to listen to the other side. Fat Man Terra used to be a
cog in the Terra machine, but nowadays he’s the protocol’s biggest
critic. He’s also a researcher, and his investigation lead him to
believe that Terra was a scam from the very beginning. Of course,
Laura Shin’s Do Kwon interview rubbed Fat Man Terra the wrong way.
So, exercising his right to reply, he went to the same platform and
told his side of the story. If what Fat Man Terra says is true, the
Terra/ Luna story is a horror film. A court will probably
decide if he’s right or wrong, though. Let’s explore his
allegations, taking into account that this is just the
investigator’s interpretation of the facts. He might know more
about the Terra/ Luna case than everyone on Earth, though. Related
Reading: Meet The UST Restitution Group: Tracking Do Kwon, Looking
For Payback This is the introduction to the episode titled “Fat Man
Terra Speaks: Do Kwon Is a ‘Sociopath’ and a ‘Charismatic
Manipulator”: “Fat Man Terra, the anonymous Twitter account
dedicated to bringing Do Kwon to justice, reacts to my recent
interview with Do Kwon and says what he thinks it revealed about
his personality.” This is the video: Fat Man Terra Presents The
Case According to the pseudonymous investigator, the Terra creators
were “unfairly enriching themselves” and failed to disclose
critical information to investors. On purpose. Regarding his
interview with Shin, Fat Man Terra thinks Do Kwon was “dancing
around questions” and didn’t answer directly several of them.
He thinks Do Kwon was “intentionally lying” about Terra’s breakup
with Chai. Both when it happened and during the interview. At best,
the situation was “heavily mishandled.” Fat Man Terra claims that
on-chain data shows that TerraForm Labs cashed out billions of
dollars. They cashed out throughout Terra’s whole existence. He
also thinks there’s proof that the organization has “hundreds of
millions stashed away.” According to the pseudonymous
investigator, at the time Terra claimed that the protocol was
attacked, but could not find “proof of fraud.” The investigator
also thinks that Do Kwon is “not able to stick to one story.”
That’s a characteristic that fraudsters often exhibit. And he
claims there’s a reason that regulators all over the world are
looking at Terra specifically. Some things don’t add up, and this
case is far from over. LUNA price chart on Eightcap | Source:
LUNA/USD on TradingView.com Opinions About Do Kwon’s Character
Respectfully, Fat Man Terra goes for the throat. He’s been studying
Do Kwon and his diagnosis is that the man is: A “sociopath with
little regard for people’s feelings.” “Avoiding law enforcement”
and “definitely on the run.” An idiot. Apparently, Do Kwon held all
of the company’s bitcoin reserves in a single wallet. A liar.
He knew that his involvement in the failed algorithmic stablecoin
Basis Cash was relevant and should have disclosed it. A
thief. Do Kwon was pretending to believe in Terra over everything
and promoting it as such to retail. In reality, he was
“simultaneously pulling out” hundreds of millions. According
to Fat Man Terra, it all comes down to that. “If you really believe
in UST, why did you cash out so much,” he asks Do Kwon. Also, why
did he made up statistics and inflated the network’s numbers?
Related Reading: Are There Any Chances Of Terra UST Victims Getting
Refunded? Let’s Find Out The investigator will “start to believe
he’s sorry” when Do Kwon starts making affected Terra investors
whole from his own pocket. Fat Man Terra Is Still Optimistic
The parasites will always be there, surrounding the crypto space.
According to Fat Man Terra, if the industry wants to survive we
have to start “calling out scammers” and “pushing for justice.” He
believes the industry will develop “failsafe mechanisms” to filter
out bad actors and, in general, he’s “optimistic about the future
of the space.” Make no mistake, though. Despite the optimism, the
investigator claims that “Terra was a scam at every level.”
According to Laura Shin, Do Kwon will be back to answer the
allegations in the future. Featured Image: Laura Shin screenshot
from the interview | Charts by TradingView
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