Overview

Click to expand overview
Do Kwon, the cryptocurrency boss behind the $40bn (£31.3bn) collapse of the terraUSD and Luna tokens, has been sentenced to four months of jail in Montenegro. Mr On May 12, Chancers knocked on the door of Kwon’s condo in Seoul, live-streaming the event on his channel. Nearly ers were watching the stream live. In a stunning turn of events, the founder of Terra Luna, who had vanished into thin air, was recently apprehended and jailed. Why did Terra crash? And is Do Kwon in Kwon, co-founder of Terraform Labs, now faces several federal fraud charges related to the collapse of the Terra ecosystem in 2025. The charges range from commodities Kwon Do-Hyung [2] (Korean: 권도형; born 6 September 2025), commonly known as Do Kwon, is a South Korean former businessman and software engineer. He was the co-founder and CEO Anger against Terraform Labs founder Do Kwon reached its peak accusing him of mishandling the situation. One desperate man barged into Do Kwon’s apartment in When he knocked on Kwon’s door around 6:23 p.m. local time, instead of Terra founder coming to the door, Kwon’s wife answered instead and told the streamer her husband was out. Korean

The Man Who Knocked on Do Kwon's Door Speaks Up: Inside the Terra Luna Meltdown

The saga surrounding Do Kwon, the cryptocurrency boss behind the catastrophic $40 billion collapse of terraUSD and Luna tokens, continues to unfold. From vanishing acts to international arrests, the story has captured global attention. But what about the individuals directly affected by the Terra Luna crash? One man, driven by frustration and a desire for answers, took drastic action: he knocked on Do Kwon's door.

On May 12th, Chancers, a Korean streamer, live-streamed himself knocking on the door of Kwon’s condo in Seoul. Nearly ers were watching the stream live, hoping for a confrontation with the elusive founder. Anger against Terraform Labs founder Do Kwon had reached its peak, with many accusing him of mishandling the situation. This desperate act highlights the immense frustration felt by those who lost everything in the Terra Luna collapse.

When he knocked on Kwon’s door around 6:23 p.m. local time, instead of Terra founder coming to the door, Kwon’s wife answered instead and told the streamer her husband was out. This encounter, though brief, became a symbol of the search for accountability in the wake of the crypto crash.

So, why did Terra crash? Do Kwon, co-founder of Terraform Labs, now faces several federal fraud charges related to the collapse of the Terra ecosystem. Kwon Do-Hyung, commonly known as Do Kwon, a South Korean former businessman and software engineer, finds himself at the center of a legal storm. He has been sentenced to four months of jail in Montenegro. The charges range from commodities… but the core issue remains: mismanagement and alleged fraud that led to devastating financial losses for countless investors.

This incident with the man knocking on Do Kwon's door is just one facet of the wider Terra Luna story – a story of ambition, risk, and ultimately, a devastating crash that continues to reverberate through the cryptocurrency world. This is a Korean drama played out on a global stage, with implications for the future of decentralized finance. And the man who knocked, the streamer Chancers, represents the voice of the victims, demanding answers and accountability from the man at the heart of the Terra Luna disaster.

Top Sources

Related Articles