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Terra LUNA’s Do Kwon was behind Basis Cash, a 2018 stablecoin that also crashed, ex-colleagues say

  • Do Kwon was one of the primary founders of Basis Cash, an algorithmic stablecoin project that crashed, before hopping on to build UST, which is looking shaky.
  • Kwon is under intense attack on social media, with the community reviving his posts in which he called his critics stupid and said DAI stablecoin would die at his hands.

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