One of the main problems in the cryptocurrency world in recent months Terra (Luna) used to be. Cryptocurrency Ecosystem stable currency UST suddenly started to lose value, the cryptocurrency whose value should always be around 1 dollar, along with cryptocurrencies and investors, especially LUNA. had sunk. The name behind the event was Terra Founder Do Kwon.

The events that took place have been partially forgotten. But now that’s all happened will remind again there has been a development. Do Kwon conducted an interview with Coinage Media and part of this interview published from now on. Do Kwon spoke at length for the first time after what happened and made remarkable statements.

“I Bet I Lost”

One of the questions posed to Do Kwon was during the collapse. what did he feel?. The founder of Terra said this is a very difficult matter. While saying in his interview teaser that he believes the algorithmic stablecoin industry has become the industry standard, Do Kwon made a bet and said that we see you say you lost the bet. One involuntarily asks, “Betting on a trillion dollar channel?” she can’t help but ask. Because the collapse in Terra also bankrupted the business partners and investors of the project.

It is not known how the waters are regulated in Terra’s case. In front of South Korean government got in and launched an investigation. But how will this investigation be completed, what will happen to Do Kwon? not yet known. It looks like we may revisit this issue in the future.