It seems like you might be referring to “Do Kwon,” the co-founder of Terraform Labs, which developed the Terra blockchain and its associated ecosystem. If you’re mentioning “Do Kwon Bet,” it might be related to the controversy surrounding the Terra (LUNA) token and its stablecoin, UST, which experienced a significant collapse in value in May 2021.
Do Kwon and Terraform Labs were at the center of this event, which led to massive losses for investors. The term “bet” could be metaphorical, suggesting that Do Kwon and Terraform Labs were taking a significant risk with their approach to stabilizing UST, which ultimately failed.
If you are asking whether Do Kwon literally made a bet, there is no public information to suggest that he made a literal bet regarding the outcome of Terra’s stablecoin mechanisms. However, the creation and maintenance of UST could be seen as a high-stakes venture, with many in the crypto community viewing it as a “bet” on the stability mechanisms designed by Terraform Labs.
If you are inquiring about something else or have a specific event in mind, please provide more context so I can give you a more accurate answer.