Do Kwon is managing to push through a hard fork to the TerraLuna blockchain against the wishes of the overwhelming majority of the community. Does this reveal a flaw in proof of stake blockchains?

After the collapse of LUNA/UST, Do Kwon came out with a proposal to hard fork the chain to a previous snapshot and reallocate LUNA back to a 1b supply.

Through the last few days, it has become clear that the overwhelming majority of luna holders are against Do Kwon's proposal to hard fork the chain with a reversion to a previous snapshot. A simple look at the Terra agora forum + its subreddits + crypto twitter would confirm this.

However, official voting on the proposal has begun today and the validators (who have close ties to Do Kwon, presumably) are voting overwhelmingly in favor of Do Kwon's proposal, against the wishes of the community at large.

If Do Kwon manages to force through his hard fork because of his relationships with the validators that run the governance process, does this reveal a massive fundamental flaw in these smaller POS chains? It is not hard to imagine central foundations of other chains being able to force through forks and things against the wishes of small holders by simply being buddy buddy with the small number of operators who run validator nodes.