Quote from: AmoreJaz on May 20, 2022, 09:42:42 PM

Quote from: wxa7115 on May 20, 2022, 09:03:14 PM

Quote from: zidanw on May 20, 2022, 01:06:01 PM

I think that this can possible work, yes, especially if the team would bring utmost to make it work. However, I would agree with everyone else that the community is no longer confident in trusting the team and risking their chances and faith with the coin. I think that no one will genuinely want to pursue it right now, the devastations are still fresh. And before starting proposals and such, I think that there should be also resolution to somehow make up for the impacts of the event to many investors.

Credibility is very important when it comes to any project in which you are asking other people to support it with a massive amount of money, Do Kwon really seems to believe that he can talk his way out of anything and he thinks he can make everyone forget about his huge failure with just a few words.

But people are nowhere near as dumb as he thinks they are, those that lost a fortune with luna should instead concentrate on taking legal action against Do Kwon and try to recover whatever they can from this debacle instead of supporting yet another scam.

this is my take here. do kwon is just saying bs things just to get out of this chaotic situation. i don't think he can get the trust of his investors again. but the problem of suing do kwon is it would take resources also from the individuals who pursue this action, and are they ready to face that they may possibly lose as luna team can find a loophole to get out of this terrible situation? this is the problem of chasing a crypto project. the chance of losing is high because the team knows how to defend themselves because they know their code.

You have a point, however it is the only option they have left, also I think costs could be reduced if instead of every single person suing on their own they did it as a group, also it could not surprise me if many top lawyers were interested in taking this case even without receiving a direct payment and instead they charged a percentage of whatever they got from Kwon in the case their claim was successful.

Quite honestly I would like all of this issue with luna to go away already, but taking into account everything I know about it I think this is something that will haunt this market for a very long time before it disappears.