#Do Kwon case victims exceed one million#
Hot Topic Overview
Overview
The number of victims in the Do Kwon case may exceed one million. US prosecutors estimated in court documents that Do Kwon caused over one million victims globally after the collapse of the Terra ecosystem. Due to the sheer volume and complexity of the transactions, it is difficult to quantify the number of victims precisely, but the government estimates that the number of victims exceeds hundreds of thousands of individuals and entities, potentially exceeding one million in total.
Ace Hot Topic Analysis
Analysis
The number of victims in the Do Kwon case could exceed one million. Prosecutors in the U.S. government overseeing the criminal case against Terraform Labs co-founder Do Kwon estimate that he may have caused over one million victims globally following the collapse of the Terra ecosystem. Due to the massive volume and complex nature of cryptocurrency transactions on Terraform, it is difficult to quantify the number of victims precisely. However, the government estimates that the number of victims exceeds hundreds of thousands of individuals and entities, and could potentially total over one million. To safeguard the rights of victims, the government will establish a website with public procedures regarding the Kwon case, as other methods of providing rights protection to victims are "impractical."
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Do Kwon case has numerous victims, potentially exceeding one million.
Due to the massive trading volume and complex nature of Terraform cryptocurrency transactions, it is difficult to quantify the number of victims precisely.
The US government will establish a website to inform victims of their criminal case rights.
Victims of the Do Kwon case include individuals and entities, spanning the globe.