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Basis Cash: The failed algorithmic stablecoin Do Kwon

Do Kwon Outed as Co-Founder of Previous Failed

Terra Luna crashes 97%; was Do Kwon founder of another failed

Former Employees Of Terra Are

UST’s Do Kwon Was Behind Earlier Failed Stablecoin, Ex

Do Kwon Explains His Role In Failed Stablecoin Basis Cash

Former employees of Terra are claiming that the developer was also the founder of another failed stablecoin project called Basis Cash, as reported by Coindesk.

Kwon Claims That One Of

Ex-Terra Employees Claim That Do Kwon Was Behind

Kwon claims that one of those five employees was inspired by Basis, an earlier stablecoin project that would give Basis Cash its name, and “yield farms” that were

UST’s Do Kwon was the mastermind of the failed stablecoin project called the Basis Cash, as per the learnings. The findings by Coindesk suggest that the CEO of Terraform Labs was one of

Ex-Terra Employees Claim That Do Kwon Was Behind the Earlier