Terra (CRYPTO: LUNA) founder Do Kwon has now come on Twitter to refute allegations against him about cashing out funds from the company.
On Thursday, TerraForm Labs (TFL) employees said that $80 million of company funds were sent to “secret wallets” every month before the LUNA collapse.
People started talking about it on Twitter, alleging that Kwon had siphoned up to $2.7 billion over the last couple of months. A Twitter thread by @FatManTerra shared the alleged details on how Kwon managed to drain funds.
Also Read: Terra’s Do Kwon ‘Heartbroken’ Over UST Collapse, Doge’s Billy Markus Tells Him To Leave The Industry
Responding to him, Kwon said that the allegations were false, and he had not cashed out any money.
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