The head of the Terra pyramid was suspected of creating a black steblicoin


A fork version of the original Terra blockchain may receive a black stock ticker, project insider FatMan announced on Twitter.According to FatMan, an insider close to Terraform Labs confirmed that Do Kwon is already working on the design of the new shablecoin based on Terra 2.0.Kwon has previously publicly stated that the algorithmic steblicoin will not appear in the form.

At the time of writing the news, Terra’s representatives have not made a statement about this. However, even if they do, Kwon and his team’s credibility is severely damaged by the court filing and testimony of the staff, which confirmed that Kwon knew about the future collapse of CableCon from the very beginning.