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TechFlow news, May 11 — According to CoinDesk, Do Kwon, CEO of Terraform Labs, the creator of Terra, was one of the anonymous co-founders behind Basis Cash, a failed algorithmic stablecoin. Basis Cash was reportedly launched in 2020 by the pseudonymous "Rick" and "Morty," but was actually developed by employees of Terraform Labs.
Do Kwon, CEO of Terraform Labs, the creator of Terra, was one of the anonymous co-founders behind the failed algorithmic stablecoin Basis Cash.
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