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Benzinga

Business

Samyuktha Sriram

Terra (LUNA) Crypto Founder Says 'Failure Of UST Is Equivalent To The Failure Of Crypto Itself'

Satoshi Nakamoto Do Kwon Terra LUNA

What Happened: In an interview with Fungible Times, Do Kwon, founder of the Terra (CRYPTO: LUNA) protocol, said that Terra intends to be the largest single holder of Bitcoin (CRYPTO: BTC) besides its pseudonymous creator Satoshi Nakamoto.

“The reason I want to get to $10 billion, is that besides Satoshi, we will be the largest single holder of Bitcoin in the world,” he said.

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