I’m just thinking out loud here. But here’s my thinking. Kwon can’t renounce the original contract because it would strongly undermine confidence in the new token and his reputation (which seems very fragile to be polite about it) in the wider cryptoverse permanently.
I say this from the point of view that the everyday investor would be highly reluctant to participate in his new venture as they’d think to themselves “what’s to stop him walking away from this new project if there’s price manipulation again”
I think that Kwon needs to quietly field new owners of the old contract after he’s got the new one up and running.
Question - does anyone know if the original contract is locked or if it can be changed? Some can some can’t. My dyslexic bird brain relies on those of you who are so very savvy about these things.
By the way my friend, nice to see you back posting again.