Fallen Luna Crypto Founder Taunts Authorities

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By Luc Olinga Do Kwon is at the center of investigations into the collapse of sister tokens Luna and UST, which wiped out at least $55 billion. It’s starting to look like a game of cat and mouse. And it’s a bad look for the crypto industry. Do Kwon, the founder of Terraform Labs, the ecosystem whose native tokens were Luna and UST (aka TerraUSD), seems amused by the statements of the authorities who are looking for him and accusing him of fraud. Kwon, a citizen of South Korea, is at the center of an investigation by local authorities seeking to shed light on the collapse of Luna and UST last M…