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Benzinga
Benzinga
Business
Samyuktha Sriram

Dogecoin Creator Reacts To Do Kwon Allegedly Cashing Out $80M Monthly Before LUNA Crash

Do Kwon LUNA Terra Billy Markus Watcher Crypto Terraform Labs TfL SEC

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus and other prominent crypto industry watchers were unsurprised at the latest allegations against Terra’s (CRYPTO: LUNA) parent Terraform Labs (TFL) and founder Do Kwon.

What Happened: On Thursday, Watcher News reported that TFL employees have confirmed to the U.S. Securities and Exchange Commission that $80 million of company funds were sent to “secret wallets” every month before the LUNA and TerraUSD (CRYPTO: UST) collapse.

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