CZ: 'Do Kwon never spoke to me directly'

 The world's richest cryptocurrency billionaire Changpeng Zhao (CZ) continues to be dissatisfied
















When the incident occurred, CZ tried to contact Kwon, but the response was slow from the CEO of Terraform Labs. "Binance is the biggest liquidity provider for many projects. When we contact, most of the other projects always respond to us, and Kwon is a bit slow."

Previously, in a post on May 13, CZ criticized Terra, and implied that this project needs to learn Axie Infinity in how to handle it. "I'm disappointed in how Terra's UST/Luna was handled (or not handled at all)," CZ wrote. "So far, we haven't received any positive feedback. This is in contrast to Axie Infinity. The team has done its part, put in place a plan, and actively contacted us."

Besides, CZ also expressed surprise when Do Kwon was involved in Basis Cash - a failed stablecoin project. As revealed by Hyungsuk Kang, a former Terraform Labs engineer and now working at Standard Protocol, Kwon is the one behind directing the strategies for Basis Cash but did not show up. This stablecoin launched in 2020, pegged at one USD but dropped hundreds of times and is currently $0.007.

Regarding the release of the new Luna coin, CZ said: "It's not a great way to do it, but the community voted yes, which means it's what most of the community wants. I don't think there will be a solution. other perfect".
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