Do kwon, co-founder of Terraform Labs was interviewed by Unchained crypto podcast host Laura Shin on whether his token holders will be compensated as promised.
This is because Do Kwon once made a statement on his Twitter that he will compensate USTC, USDT, USDC and Luna Foundation Guard (LFG) holders.
Nevertheless, Do Kwon insists that he will not give any compensation to LFG users until the civil litigation is resolved.
He added that he could not set the time period required to solve the problem, but rather LFG should work as a distribution of 313 Bitcoin (BTC) in USDT and USDC to holders.
Although Do Kwon sympathized with the investors who lost $60 billion due to the Terra-Luna crypto crisis, he denied allegations of having personal funds to compensate UST holders.
In addition, he will not return to South Korea or cooperate with the prosecutor even though his passport will be invalid this week due to the fact that there is no arrest warrant or his name is on the Interpol Red Notice.
In fact, the Terra Rebels in the Terra Classic Revival Roadmap also revealed their goal to be free from Terra and Do Kwon following his lack of efforts to revive Terra Classic (LUNC).
Now the price of LUNC is at the price level of $0.00025 while LUNA fell almost 2% in the last 24 hours.
