TerraForm Labs Has No Control Over LUNC, Terra 2.0 Is A Public Coin, Claims Do Kwon
Among them, there were allegations like Do Kwon cashing out $2.7 billion of worth crypto before the collapse of Terra. Even South Korean media accused Do Kwon of committing many financial crimes today. However, Do Kwon has denied all the allegations. To prove his innocence, he even posted a Twitter thread.The Twitter handle known as THORchain.BULL wanted to understand why re-enabling the LUNC delegation has not yet come into force. As per the claim by the user, resuming the governance on LUNC means the overall control of the LUNC is still under (TerraForm Labs) TFL. On the other hand, there is still no governance on the LUNC market cap falling to $700 million.
Source
https://t.me/Terra_Luna_Tron
