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UST’s Do Kwon Was Behind Earlier Failed Stablecoin, Ex-Terra Colleagues Say

Basis Cash, an algorithmic stablecoin project founded by the anonymous “Rick” and “Morty” in 2020, was actually the work of Terraform Labs employees.

Do Kwon (Terraforms Labs, modified by CoinDesk)
Do Kwon (Terraforms Labs, modified by CoinDesk)