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Crypto community wants new Do Kwon interview because it learned ‘nothing’ from first

The crypto community’s reaction to Do Kwon’s first interview since Terra’s implosion has been lukewarm, with many saying they learned nothing new.

Do Kwon’s interview: doesn’t say anything we don’t already know and it says a lot less than you expect to hear. The journalist seems to be incisive, but he is not, it shows that everything is agreed and the video is heavily edited. Pure dog-shit ??

— Peter The Revenant (@PeterTheTerran) August 15, 2022

According to the community, the interview was more of a public relations stunt and an attempt at damage control.

Sure

— Do Kwon ? (@stablekwon) August 16, 2022

The interview was conducted by Coinage’s Zack Guzman, who revealed that Terraform Labs invested in the parent company of the media company. Guzman also said that he invested in Terra.

Of course, as I disclose in our piece:
1) I held UST and LUNA, the coins in the story that went to $0.

2) Kwon’s company, Terraform Labs, was an investor in Coinage’s parent company.

3) And since it’s Coinage’s debut, of course I want people to watch. Why is each problematic?

— Zack Guzmán (@zGuz) August 15, 2022

Meanwhile, Guzman says he is not friends with Kwon and that the Terra founder had “no agreed upon questions,” nor “first looks” at his questions.

Kwon hints at insider knowledge in Terra’s crash

In the recorded interview, Kwon said that an insider possibly played a part in the massive crash because Terraform Labs employees had access to certain information.

“So if you’re asking me whether there was a mole at Terraform Labs, that’s probably ‘yes.’ Whether somebody tried to take advantage of that particular opportunity, I would say that the answer is, ‘Yes.’”

The information in question is the transfer of funds between trading pools that led to an imbalance that triggered the collapse. The transfer was supposed to be private but was leaked to the public by a “mole.”

Denies Ponzi scheme allegations

Kwon denied that Terra operated as a Ponzi scheme. According to him, early investors in the project were also the biggest losers from…

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