Do Kwon May End the Terra Saga Behind Bars

Do Kwon has been busy submitting a new fork proposal and recovery plan to the Terra community, but his troubles are only beginning. His tweets after the crash, such as "I love chaos," have caused many negative reactions from the public. Investors victimized by Kwon's suspected fraud are launching a class action lawsuit against him.

This lawsuit may be the least of his worries, though. It was reported last week that a disgruntled investor went to Kwon's personal residence in an effort to find him and likely do harm. Kwon's wife answered the door to the man, told him that Kwon wasn't home, and afterwards requested special police protection for her husband. The ironic part is, that South Korean officials are actually investigating Kwon for fraud involving the anchor protocol. Specifically, the authorities are investigating whether the protocol's promised 20% interest on the UST stablecoin fits the definition of a Ponzi scheme. If found guilty, Kwon will likely be in the South Korea corrections system for a long period of time.