TerraUST founder Do Kwon’s wife reportedly requested police protection after the LUNA price plunged to $0.
On Friday, it was reported that an unidentified person broke into her apartment building, rang her doorbell, and asked for Do Kwon. After his wife said he wasn’t home the person left the premises.
Kwon’s wife now has emergency protection from the police in Seoul’s Seongdong-gu district.
After UST lost its peg and sent LUNA to the ground, holders have lost everything. Some people on Reddit even mentioned being suicidal.
Kwon, who has been known to be overly bullish when it comes to his own projects and for belittling his critics, is now being compared to Elizabeth Holmes.
He took to Twitter to comfort Luna holders, saying, “I understand the last 72 hours have been extremely tough on all of you – know that I am resolved to work with every one of you to weather this crisis, and we will build our way out of this. Together.”
Then continued a thread to try to explain the tokenomics.