The hacker group Anonymous has promised to do everything to ensure that Terraform Labs head Do Kwon is brought to justice as soon as possible in connection with the collapse of the LUNA cryptocurrency and algorithmic stablecoin UST.

Anonymous enumerated the many allegations against Kwon in a video message. Among them is information about the withdrawal of billions of dollars from the company shortly before the collapse of the Terra ecosystem and its participation in the failed Basis Cash stablecoin project.

The hackers said they would investigate all of Kwon’s activities in the crypto industry and provide evidence of his crimes if found:

“Do Kwon, if you’re listening, unfortunately there’s no way to undo the damage you’ve done. For now, all we can do is hold you accountable and bring you to justice as soon as possible.”

Earlier, the media reported that the US Securities and Exchange Commission and South Korean officials were investigating the activities of Terraform Labs.

A US court also filed a class action lawsuit accusing Kwon of selling unregistered securities, as well as making false statements about the stability of UST and LUNA.

Anchor’s developers said it became clear even at the design stage that Terra’s collapse was inevitable.

Kwon denies most of the allegations and does not consider himself a scammer. He also said that he is confident in the success of the Terra 2.0 project.

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