CryptlockHolmes

I do on-chain investigation

[CryptlockHolmes @CryptlockHolmes]

Top 3 Terra2 whales: A new, more detailed analysis of Do Kwon's personal wallet holdings (20mil Luna, 2% of all supply) and monthly growth (410k USD per month, 2% of all Terra2 transactions being paid to Do):
https://t.co/6dXBKAmuhb

@stablekwon would love some answers!

[CryptlockHolmes @CryptlockHolmes]

@sadfeetopinguim @Silhouette_xD @AniNewsAndFacts Didn’t find any streams

[FatMan @FatManTerra]

Now that the US government has officially verified that Terra was a complete fraud, the path forward is clear:

1. All TFL assets and ill-gotten gains seized and returned to UST victims
2. Find and arrest Do Kwon

After what we now know, anything less is no longer sufficient.

[CryptlockHolmes @CryptlockHolmes]

@FatManTerra Could you provide the sources for this? Where can I read about the main lawsuit?

[CryptlockHolmes @CryptlockHolmes]

@LUNCDAO That post is false. Do Kwon was NOT kept out of the Terra 2 genesis airdrop, check my articles to be informed. @FatManTerra

[CryptlockHolmes @CryptlockHolmes]

@Ithiel @FatManTerra @stablekwon It was negligence and arrogance. He should be held accountable and at the very least forego the staking rewards he’s getting on his personal wallet with 20mil Luna. Those 164k Luna per month could be used to recoup losses.

[CryptlockHolmes @CryptlockHolmes]

@stablekwon gets lots of mentions/tags so there’s a small chance he sees my article and call for transparency. Feel free to tweet my article to him and keep asking him for transparency and if he’s willing to use his 400k monthly earnings to help recoup losses.

[CryptlockHolmes @CryptlockHolmes]

@Nassnas38029691 @Panterra0x @Cephii1 @wagmigently @GJFlannery19 Their job was to distribute the emergency funds amongst the project teams, to help these teams have salaries so they can build tools and apps for Terra 2, so that they can continue to be web3 teams and don't lose their jobs on top of losing their personal savings.

[CryptlockHolmes @CryptlockHolmes]

Shout out to the Terra 2 rebuilding council for their great work finalizing a distribution for the emergency funds. These teams are what Terra was all about in the first place, they deserve this.
@Panterra0x @Cephii1 @wagmigently @GJFlannery19

[CryptlockHolmes @CryptlockHolmes]

@cyb_nat @Panterra0x @Cephii1 @wagmigently @GJFlannery19 I must remind people I'm not here to crash Terra 2. That would be doubly awful for the teams and community who already suffered from the Terra Classic collapse. I'm here to ask Do/TFL for transparency and accountability. So he doesn't enrich himself off of the ruin of others.

[CryptlockHolmes @CryptlockHolmes]

@cyb_nat @Panterra0x @Cephii1 @wagmigently @GJFlannery19 Because I congratulated the council members for their hard work in bringing some kind of justice to these teams that have lost everything in the Terra collapse?

[CryptlockHolmes @CryptlockHolmes]

@PersianCapital @SebastianJer7 @stablekwon You mean the $400k he earns per month on Terra 2?

[CryptlockHolmes @CryptlockHolmes]

@orbital_command @FatManTerra @stablekwon I think Terra as a community has a brilliant future ahead, but ultimately the leadership of Do Kwon damaged the brand massively so there will be some challenges. The allegations of fraud (re:CHAI) and lack of transparency (re:Terra2 airdrop allocated to Do) need to be addressed.

[CryptlockHolmes @CryptlockHolmes]

@CagliostroTerra @cryptrus @CnahDanh @stablekwon I'm interested to know how the information in this thread is outdated.
Look at these 2 interviews with Do Kwon in 2021:
June, 0:53:30 https://t.co/NDwxhpO3Yd
April 0:20:00 https://t.co/C7t7go3433
He continues to use CHAI as a selling point despite cutting ties in 2020

[CryptlockHolmes @CryptlockHolmes]

Top 3 Terra2 whales: A new, more detailed analysis of Do Kwon's personal wallet holdings (20mil Luna, 2% of all supply) and monthly growth (410k USD per month, 2% of all Terra2 transactions being paid to Do):
https://t.co/6dXBKAmuhb

@stablekwon would love some answers!

[CryptlockHolmes @CryptlockHolmes]

@hedgefunder01 @FatManTerra @stablechen @Galois_Capital @pedroexplore1 @TheMoonMidas @AlgodTrading These are projects that were already building on Terra Classic and some of which were even close to launch before the collapse ruined their plans and depleted their funds, leaving them with no money to pay salaries.

[CryptlockHolmes @CryptlockHolmes]

@cryptrus @CnahDanh @stablekwon Do you want proof that Do Kwon used CHAI as a sell point when CHAI had already bailed out?

[CryptlockHolmes @CryptlockHolmes]

@hedgefunder01 @FatManTerra @stablechen @Galois_Capital @pedroexplore1 @TheMoonMidas @AlgodTrading The emergency allocation is worth $10m and about 40-50 projects are gonna have to share around $2mil which most likely won’t be enough

[CryptlockHolmes @CryptlockHolmes]

@Phil_o_Sopha @stablekwon Argumentum ad antiquitatem. Just because it’s traditional to see this level of shadiness doesn’t mean it’s justifiable.

[CryptlockHolmes @CryptlockHolmes]

@Pailsy @stablekwon Giving back to the community is dumb?

[CryptlockHolmes @CryptlockHolmes]

My findings shed a new light onto this thread by @stablekwon

“I don’t care about money much” then earns $410k/month while others lost life savings believing in his stablecoin which he arrogantly defended as flawless

I propose donating your staking rewards back to the community

[CryptlockHolmes @CryptlockHolmes]

@hedgefunder01 @FatManTerra @stablechen @Galois_Capital @pedroexplore1 @TheMoonMidas @AlgodTrading Staking yield is around 12-14%. That’s roughly 2mil Luna per year, or 4mil USD at $2. Could be very significant for the community since the airdrop barely recouped any losses and the emergency fund is barely enough for most teams to survive after losing all funds.

[CryptlockHolmes @CryptlockHolmes]

@cryptrus @CnahDanh @stablekwon You’re conveniently ignoring the fraud part. Also wanting DeFi doesn’t mean one is against regulation. Regulation and DeFi are not mutually exclusive.