Odaily Planet Daily News: Zhu Su said that the LUNA crash caused heavy losses to many investors, so the call for forgiveness for Do Kwon is not high. As one of the largest protocols in the history of encryption, Terra's mechanism has always been open and transparent. UST is widely adopted by major exchanges, and top VC firms are also deeply involved. However, nowadays the industry seems to attribute failures to individuals rather than systemic issues.
Although Do Kwon was too arrogant during its peak and did not fully listen to external criticism, if the cryptocurrency industry chooses to use him as a "scapegoat", it may affect the entry of high potential entrepreneurs - after all, similar failure cases also exist in traditional industries. Nowadays, entrepreneurs need to consider the risk of "personal responsibility" when weighing between AI, early-stage technology, and the cryptocurrency industry. This phenomenon reminds people of the question of whether Ethereum co-founder Vitalik should be held criminally responsible after the DAO hacking incident.
