Do Kwon
Do Kwon is a South Korean software developer and entrepreneur. He is the co-founder and CEO of Terraform Labs, a blockchain company that developed the Terra blockchain and the Luna cryptocurrency.
Early life and education
Do Kwon was born in Seoul, South Korea in 1991. He graduated from Stanford University in 2013 with a degree in computer science.
Career
After graduating from Stanford, Do Kwon worked as a software engineer at Microsoft and Google. In 2018, he co-founded Terraform Labs with Daniel Shin.
Terra and Luna
Terra is a blockchain that is designed to create a stable digital currency. Luna is the native cryptocurrency of the Terra blockchain. Terraform Labs has also developed a number of other projects, including Mirror Protocol, Anchor Protocol, and Chai.
Controversy
Do Kwon has been criticized for his role in the collapse of the Terra ecosystem. In May 2022, the price of Luna collapsed by over 99%, leading to the loss of billions of dollars. Kwon has been accused of misleading investors and of not doing enough to prevent the collapse.
Current status
Do Kwon is currently under investigation by the South Korean authorities. He has denied any wrongdoing.
Additional information
- Do Kwon is a controversial figure in the cryptocurrency community.
- He is a vocal advocate for decentralized finance (DeFi).
- He has been praised for his technical skills and his vision for the future of blockchain technology.
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