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Do Kwon, founder of Terra Luna, joined us. up only tv The cryptocurrency market appears on Twitch in turmoil as FTT surges to $9 and Binance announces a potential acquisition of FTX.
Its not easy to manage crises effectively, said Do Kwon, referring to the current crisis management of FTXs Sam Bankman-Fried.
The show host talked about various cryptocurrency projects that will collapse in 2022. Coby then mentioned Terra Luna and Do Kwon smiled and laughed.
Do Kwon was asked if he had any advice for SBF during the crisis. he replied,
“I don’t think I did particularly well…”
Regarding FTX’s continuing problems, Do Kwon said:
The founder of Terra Luna was asked if he would invest in SBF’s startup. Do-kwon replied, “I think it’s too early to say…it takes time to get to the truth.”
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Do Kwon was asked if he thought his persona and “bravado” contributed to Terra Luna’s downfall. A lot, he countered, but he started working on it in 2017.
He believes that nothing that happened to UST would have changed had he acted differently on Twitter. Do Kwon commented that his behavior on Twitter was “quite different” from his actual behavior. He continued, “I started posting shit when it became popular,” but he did so before he became a popular figure in the space. Commented and did not affect Terra Luna’s collapse.
When asked how his family handled the fall of Terra, Do Kwon said his family had been “very supportive” but did not cope well with the fall of Terra Luna. Admitted.
FTX’s native token, FTT, hit $9 and one host exclaimed, “It would be great if it went to zero while Do was on stream.”
UpOnlyTv shows are still airing convulsions.
