I wouldn't trust any Do Kwon's words because he wasn't transparent at the funds, I think he didnt provide any proof that funds were used to try to save the crash but instead most of the funds were moved to big exchanges and he only used a tweet that funds were used to peg UST but no blockchain link.
I think those funds aren't to save UST but to put it on his pocket. They were monitored and got caught along the process that prevent them from pocketing the amount. The rumors of Terra labs having a connection to the downfall of UST is getting stronger as the case progressess.
I hope he goes into jail because of the lives that he ruined and he doesn't take responsibility for anything, He got what he deserve for being too cocky.
If he is really guilty as charged then, by all means, let him rot to jail but if he is also a victim of the manipulation of "higher ups" then poor him.
Looks like Do Kwon is denying facts to minimize the effect of the authority's action to his creation.
Still surprising that people do still dive in with that LUNC which you would really be having those questions on mind on how the heck they do never ever learn? We've seen the worst on which the price had dropped 100% into its ATH and now 2.0 had been created but still people do really decide on buying it.What on earth they do have that kind of consideration? as for Do Kwon then its true that these scammers would just eventually be bailing out and since they do have the money then they would able to do so.
Its time for those scammers to face up these consequences but of course i wont be surprised that he would able to get away and resolved this one.
We really don't know if people are really into investing on the Terra Luna, I believe the volume is created by wash trading and the price is heavily manipulated to create a sense of hype and eventually it will get dumped.