Do Kwon was the most confident man in crypto.
He had billions under his name. He had millions of followers. He had a way of speaking that made you feel like he knew something you did not. When people questioned LUNA he laughed at them publicly. He called critics poor. He said only the weak doubt what they cannot understand.
Then May 2022 arrived.
UST lost its peg. LUNA started bleeding. The community panicked. Do Kwon tweeted that everything was fine. He deployed reserves. He made promises. The bleeding got worse. Within 72 hours $40 billion had disappeared from the market. Ordinary people lost their savings. Their rent money. Their children's school fees. Some lost everything they had worked years to build.
Do Kwon disappeared from public view.
Interpol issued a red notice. Korea issued an arrest warrant. Prosecutors in multiple countries opened investigations. While all this was happening he was tweeting from hiding like a man with no fear. He moved through Singapore. Then Dubai. Then Serbia.
In Serbia they caught him at the airport.
He had five passports on him. Five different identities. A man who once commanded a $60 billion ecosystem was caught running with fake documents like a common fugitive.
Now he sits waiting for extradition to the United States where federal charges are waiting for him.
The people who lost everything are still waiting for justice.
What do you think his sentence should be? Drop it below 👇
