Hacktivist group Nameless has pledged to “ensure” Terra co-founder Do Kwon is “delivered to justice as quickly as potential” regarding the collapse of the Terra (LUNA) and TerraUSD (UST) ecosystems in Could.
On Sunday, a video purportedly coming from the Nameless hacker group rehashed a laundry listing of Kwon’s alleged wrongdoings, together with cashing out $80 million every month from Luna and TerraUSD previous to its collapse in addition to his function within the fall of secure coin Foundation Money, for which Do Kwon allegedly co-created beneath the pseudonym “Rick Sanchez” in late 2020.
“Do Kwon, in case you are listening, sadly, there’s nothing that may be performed to reverse the harm that you’ve performed. At this level, the one factor that we will do is maintain you accountable and just remember to are delivered to justice as quickly as potential.”
The hacker group stated it might be trying into Do Kwon’s actions since he entered the crypto area to reveal his alleged crimes.
“Nameless is trying into Do Kwon’s whole historical past since he entered the crypto area to see what we will study and convey to gentle,” the group said.
“There isn’t any doubt that there are lots of extra crimes to be found in your path of destruction.”
The hacker group additionally criticized Kwon for his “boastful ways” in trolling rivals and critics and “performing like he would by no means fail.”
Originating in 2003 on 4chan, Nameless is a decentralized worldwide activist collective identified for orchestrating cyber assaults in opposition to authorities establishments, companies, non-public companies, and even the Church of Scientology.
In June 2021, the identical YouTube channel took intention at Tesla CEO Elon Musk for allegedly “destroying lives” utilizing his clout and affect on Twitter to play with the crypto markets. The video has round 3.4 million views as of at the moment.
It’s value noting that there are a number of YouTube channels that both declare to be affiliated with the hacker group Nameless. Nevertheless, there’s a basic consensus that there is no such thing as a official YouTube channel for the group, given its inherent decentralized and nameless nature.
Combined reactions from the group
Commenters of the YouTube video and the group on Twitter seemed to be broadly supportive of the hacker group’s pledge to go after Kwon, with one commenter calling Nameless the “Robinhood of at the moment.”
Nevertheless, the video message garnered extra skepticism on the r/CryptoCurrency subreddit, with customers criticizing the hacker group for issuing an empty menace in opposition to Kwon and offering no new data to the general public, with one commenter saying:
“Nameless is so teen bop now […] This anon video is so non-threatening it is virtually weird.”
Whereas one other stated, “would count on them to have uncovered one thing however its nothing greater than, effectively nothing.”
It seems that, for now, Kwon will seemingly have larger, extra tangible threats to fret about.
Terraform Labs, for which Do Kwon is the co-founder, is presently beneath a number of investigations from the South Korean authorities, together with the alleged embezzlement of Bitcoin (BTC) from the corporate’s treasury.
Associated: South Korean prosecutors ban Terraform Labs staff from exiting the nation: Report
In Could, a well-known monetary crimes investigation unit dubbed the “Grim Reapers of Yeouido” was revived by South Korea to analyze the collapse of Terra. The staff consists of varied regulators and can deal with prosecuting fraud and unlawful buying and selling schemes.
Later that month, Korean authorities subpoenaed all Terraform Labs staff to analyze any inner function in market manipulation.
The corporate has additionally been fined $78 million by South Korea’s nationwide tax company for tax evasion prices.
