According to Coinage Media, the CEO of Theranos presumably knew her technology did not work but decided to promote a fraud. Fatman suggested an interview with someone more neutral and respectable, commenting that this reporter has constantly defrauded Kwon.
While Do Kwon had an interview with an unknown reporter, Twitter user Fatman accused them of continuing the Terra scam.
Coinage Media talked to Do Kwon after the Terra Luna collapse, when the latter said that LUNA could not remain stable. The cryptocurrency developer said that it must be a fraud and a scam, given that cryptocurrencies are still in the Wild West.
Zack Guzmán, the co-founder of Coinage Media, asked him if he cringed at his earlier comments. Kwon replied that he did but that the algorithmic stablecoin started to become the industry standard, which led him to lose much.
Do Kwon Defends Himself against the Accusations
The interviewer asked Kwon to defend himself against accusations of fraud. A Twitter user failed to connect their wallets to download a free NFT necessary to access the whole conversation.
Coinage Media pointed out that Elizabeth Holmes, the CEO of Theranos, knew that her technology did not work. She became famous for promoting a machine that the company claimed could identify various ailments through a drop of blood. However, the technology was an illusion, just like what happened with Kwon, who also faces accusations of fraud.
The extensive consequences of the collapse of the Terra ecosystem have caused investors to lose much money. Korean prosecutors recently raided the home of Daniel Shin, the co-founder of Terra, although he had moved away from Do Kwon.
Twitter User Fatman Enters the Scene
Twitter personality Fatman recently claimed he was an insider on the Terra project. During and after the collapse of the Terra ecosystem, he allegedly leaked many internal documents.
Concerning the interview with Kwon, he suggested an interview with someone more neutral and respectable, like Bloomberg or Fortune. He commented that this reporter has constantly defrauded Kwon as if someone were paying him. Besides, he asked whether he would address the billions he took from the system.
Guzmán told Fatman he was a Terra user like him, expressing suspicion about him pretending not to know about this. He said that he had covered Terra regardless that it would be a success or a failure.
Fatman stressed that Guzmán had not contacted him for any documentary or interview. The former asked the co-founder of Coinage Media if he was in Singapore to meet him. However, Guzmán answered that he was living in the UK and reiterated that it was suspicious that he could lie about that.
In addition, Fatman said that he did not believe Guzmán had covered Terra but had looked down on it and Kwon for a long time. He commented that the journalist had ignored its weaknesses and acted sycophantically when convenient.
The Twitter user told Guzmán that any reporter would agree that he was not neutral enough. That indicates that the drama about the drop of Terra Luna will continue on the popular social network.
By Alexander Salazar
