Law and TerraLuna, What Do Kwon Have To Do

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enjoy your coffee

1 year ago

In community: Club1BCH(4ac4)

Topics: Politics, Positive thinking, Community, Knowledge, Open For All, ...

To judge an action, we must review and examine the action long before any work is done. In criminal law, to start an examination of a crime comes from the existing intention. Are there good intentions such as self-defense. Or a malicious intent to commit a crime. Intention is the origin of what we do. From intention, we read what has happened and how it was planned or whether the action was unintentional to do.

What Are Do Kwon's Intentions in Crypto?

If we trace the most worrying events of the last few weeks. We read how Do Kwon created a new opportunity in the market. Do Kwon offers UST and Luna. The two interconnected systems are a smart concept off to a good start. Buyers feel that Do Kwon has good intentions in the market by selling UST and Luna.

Do Kwon who was voted by Forbes for '30 under 30- Finance & Venture Capital' has a pretty good idea. Do Kwon had good intentions when he founded The Luna Foundation Guard and built for The Terra Ecosystem. However, business is not in line with the law. If you have good intentions, the market may not be good to you. This is what happened at a time when TerraLuna failed in the marketplace. There are many people, including investors who suffer losses. The information is, there are several crypto traders who chose to commit suicide because of the destruction of TerraLuna.

The problem that occurs is when the Boss of Binance makes it clear that Do Kwon or the Luna Foundation Guard have no good intentions in solving the problem. You can imagine that the statement from the CEO of Binance could serve as evidence to judge Do Kwon's intentions. The law has its own way of examining, judging, and deciding on the intentions of Do Kwon. Evidence for a legal matter can come from a statement submitted by CZ The CEO of Binance.

The Law At Work

The information we know and it's circulating on the internet says there have been many events after the destruction of TerraLuna. There are people who come to Do Kwon's house and make his wife feel that there is a possibility of a crime. However, on the other hand, there were several investors who reported Do kwon to the police in South Korea. In addition, politicians in South Korea also voted for Terra Luna. There are documents circulating that Do Kwon closed his company Terraform Labs and information about tax disobedience.

If we seek the truth of a legal event. We have to see how Do Kwon's intentions are. Is it good intentions or bad intentions. It seems, DO Kwon will find it difficult to answer the statement from the CEO of Binance. Information to control the price of Terra Luna has to figure out how to burn the crypto. After some time, Do Kwon with his new team did a campaign for arson. That can't be said to be good intentions. Because the time to burn LUNA was too long and couldn't save the price from Luna.

In addition, there are international conventions on international tax law. If Terraform Labs is found guilty by the South Korean Tax Agency, then Do Kwon must comply with the verdict. Even though Do kwon is in Singapore. If the South Korean government asks the Singapore government for help, Do Kwon will have a hard time hiding himself. This happens in Indonesia, the Director General of Taxes of Indonesia can force taxpayers to pay taxes when a foreigner owns a company in Indonesia.

Goodwill will open when the trial speaks. There will be evidence from the prosecution or resistance from lawyers in the courtroom. So that the audience knows what really happened when TerraLuna was destroyed. Does Do Kwon not have good intentions to save TerraLUna as the CEO of Binance said on twitter. How to resolve the compensation for investors who feel aggrieved due to the negligence of Do Kwon for being late in taking actions that were declared necessary in saving TerraLuna.

Defending That Requires Real Work

As a human being who has citizenship and has compliance with state law and international law. Do Kwon has many ways to declare himself innocent from a legal point of view. Statements on social media cannot provide a compelling reason to circumvent the law. Because the law recognizes evidence, such as witnesses, documents, and all things heard in court.

To apologize to investors, Do Kwon has started to build new technology in an attempt to save TerraLuna. In addition, Terra Team's evidence in burning Luna is another proof to deny all accusations. However, losses that are too large make investors ask for more. In the case of compensation, Do Kwon can choose to lose assets and property or pay the loss on the part of the investor.

Do Kwon must ask the TerraLuna community for help to save himself from the law. To note, in general, the law cannot forgive the defendant on the grounds of building a new program. Except, Do Kwon and the Luna community can have a big effect on bringing back the price of luna and terra in the market. In public communication efforts, Do Kwon must reduce his arrogance and apologize to all parties. In addition, investors who own TerraLuna must accept compensation in the new crypto.