What do you think about Do Kwon's new strategy to fork the Terra chain to have a Terra Classic vs Terra?

It is equivilant to having your old company going bankrupt, not paying the debtors, set up a new company, and give everyone some shares of the new company. Not a good look.

UST was the talk of the town, he needed to grow it and wanted to prove real world usage of a decentralised fiat. When things go south, he abandon the coin, and focus on saving LUNA/LUNC instead. I'm not sure whether was it even possible to try to save both coins at the same time - but I think it is clear that there are way more UST holders than LUNA holders, so by forgoing UST, it goes to show Do Kwon did benefitted before everything went south, and now it has hit the bottom, no reason for him to help it anymore.