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Do Kwon has been sentenced to 15 years in prison.
It's been a long fight, but the moment is finally here.
In the months following the Terra collapse in May 2022, Do Kwon was living a life of luxury in Singapore, out in the open. He gave interviews, went to fancy restaurants, and spoke about building LUNA 2.0 so he could rinse retail one more time.
Up until September, he was chilling. He had destroyed lives. People had committed suicide. Life savings had been stolen. But nobody cared, and people who spoke out were called "conspiracy theorists". It was maddening, and extremely frustrating.
In these months - May, June, and July of 2022 - various insiders and whistleblowers from Terra and Jump came forward, allowing me to disclose a few key facts proving systemic fraud, including the facts that Chai and Mirror were faking transactions on-chain to dupe investors, and most importantly, that Jump secretly bailed UST out while taking a bribe, misleading retail investors and the market into thinking the UST algorithm "self-healed".
The work of whistleblowers and the collective voices of Terra victims allowed us to publish all of the facts years in advance. We were constantly dismissed as "FUD," "conspiracy," and "lies". Now, all this time later, all of these facts have been documented and decisively proven in court filings.
In this initial phase - when Do Kwon was living his best life with money stolen from victims - other whistleblowers and I had multiple calls with the SEC, FBI, and SDNY explaining exactly what went down in simple terms, with all of the receipts.
In October 2022, after these revelations came to light, Do Kwon's downfall began, and he went on the run from the law. He was captured in March 2023 and made his first appearance in a US courtroom in January 2025.
Early on, I didn't think this day would come.
But now I know it always would.
What's my point here?
Twitter is real life.
Crypto is full of rug pullers and scammers - many highly sophisticated and manipulative. Most get away with what they do. People like Zach manage to catch a couple big ones, but law enforcement doesn't have nearly enough resources to go after everyone, and most of the wrongdoings in this space get swept under the rug.
But if you are being wronged - harassed, tormented, scammed, rugged, whatever it may be - just know that there are decisive actions you can take to bring justice in this world.
With enough organisation, dedication, and grit, it is possible to move mountains and shift the world around you. It's possible to say things online and have effects happen in the real world. And it's possible to nudge the wheels of justice in the right direction even if you think you're a nobody.
I'm still a random guy from the UK with no real special ability or power. But simply by speaking my mind and trying my best - and stumbling upon the help of some wonderful people from this community - we were able to create some real tangible change in the world.
I guess what I'm trying to say is - keep posting, keep doing, keep fighting for what you believe to be truthful and good. Don't bow down in the face of evil, and don't give up. Even if you are small, you can be much more powerful than you know - you just have to keep going and have a bit of determination (because most people don't), and the universe will often shift itself around you to make way for the right path.
Thanks to everyone who follows my words and helped support all of us Terra victims and whistleblowers on this journey. I have a feeling this isn't the end of the road - there are new monsters on the horizon. But if we keep pushing and representing each other against evil - I think we'll figure it out in the end. ❤️
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