LUNA founder Do Kwon, who is on Interpol’s wanted list, appeared on the live broadcast during the moments when the Binance – FTX event shook the market.
Terra (LUNA) founder Do Kwon joined the crypto-focused UpOnlyTV channel on Twitch amid the turmoil in the cryptocurrency markets, with the FTT token dropping to $2.50 and Binance announcing its plan to acquire FTX.
About crisis management conducted by FTX CEO Sam Bankman-Fried, Do Kwon said that “effective crisis management is not easy.” The hosts of the show asked Do Kwon if he had any advice for Bankman-Fried during the crisis. Terra founder “I don’t think I did it well… I don’t think I’m the best person for advice.” he replied.
Do Kwon also said that many people think Terra will be released in 2021, but he himself started working on it in 2017. Meanwhile, when asked how his family was coping with Terra’s downfall, Do Kwon said that his family was “extremely supportive” but that they were also greatly affected by what happened.
During the broadcast, FTT reached $9, and one host shouted, “It would be great if it went down to zero while Do was on the air.” On the other hand, Martin Shkreli, who was convicted of fraud and sentenced to 7 years in prison, also participated in the broadcast. Shkreli surprisingly told Kwon, “Hey Do, I want you to know that prison isn’t such a bad place.” while Kwon replied, “It’s good to know that.” Do Kwon is known to be on the wanted list of the international police agency Interpol.