Crypto fugitive Do Kwon plots comeback Do Kwon is staging a comeback after Terra’s $60 billion collapse. The disgraced CEO of Terraform Labs, whose stablecoin, Terra, collapsed last year, is working on several new products and bulking out his engineering department with new hires. Do Kwon will develop new products for Terra 2.0, the new blockchain that was relaunched just a few weeks after the demise of LUNA-UST took place.