Representatives of the group also did not confirm information about the creation and promotion of any tokens

Anonymous denied the authorship of the video about the “crimes” of Terraform Labs CEO

27.06.2022 - 16:15


2 min

What’s new? The group of Anonymous hackers denied any involvement in creation of video in which unknown people on their behalf promised to make sure that Do Kwon, the founder of Terraform Labs (TFL), is “brought to justice as soon as possible.” Anonymous reported it on Twitter, noting that they don't use Youtube to spread information.

What else did Anonymous say? In the description of the video, previously published by Anonymous, there is a link to a site and social media that promotes a certain Anontoken. Representatives of the group stressed that they were not creating or promoting any tokens.

Previously, Do Kwon was sued collectively in the US District Court in Northern California. He is accused of selling unregistered securities as well as making false claims about the stability of the TerraUSD (UST) algorithmic stablecoin. The plaintiffs are seeking full recovery of investment losses.

According to the preliminary results of an investigation by South Korean law enforcement officials, Terra's collapse may have been the result of the company's own actions, as the wallet whose transaction was followed by the collapse of the ecosystem was actually backed by TFL.

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