The Do Kwon Fraud
How did a single algorithm trigger a $45 billion crypto collapse?
4.4 (36)
43 mins
Explore the dramatic rise and catastrophic fall of Terra and its founder Do Kwon, discovering how promises of high returns and flawed algorithms led to billions in losses. Learn how human ambition, deception, and digital panic collided to create a global financial shock.
Ep 1:
Digital Apocalypse: The Birth of Terra
A Stanford prodigy builds a stablecoin empire on pure algorithmic faith—until warning signs emerge that his revolutionary system might be a house of cards.
Ep 2:
Twenty Percent and a Lie
Terra's dazzling 20% returns hide a dangerous secret, as fraud, faked partnerships, and a manipulated 'save' in 2021 set the stage for catastrophe.
Discussions (12)
Felix
Level 9 · 8 mo agoSaying he might have been a true believer is just factually untrue lol. He was cashing out $80 million a month while telling users to hold. That's not a failed vision, that's a calculated exit scam.
Eugene
Level 7 · 8 mo agoDude cashed out 80 mil then dipped to Serbia lol
Elias
Level 10 · 8 mo agoThe amount of faith the Lunatics had is truly astonishing. Do Kwon was mocking critics on Twitter for being poor while his system was erasing 45 billion dollars in real time.
