5min chapter

Crypto Critics' Corner cover image

A Tale of Two Ponzis: Celsius and Luna, Alex Mashinsky and Do Kwon

Crypto Critics' Corner

CHAPTER

Crypto Confidence Games

Dokwan is trying to maintain the appearance that he is confident in and control of Luna. Arthur Hayes, famously the former CEO of Bitmex, got 100 X while Dokwan was on the run for a month and a half. I would argue like if anyone in cryptocurrency deserves to spend a lot of time in prison, it is probably Dokwan who doesn't seem to have any remorse for the people that he harmed. It's pretty infuriating just because I think his straight up arrogance is going to hurt him really bad,. Like, he deserves it at this point.

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