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2 Years Ago Today: Terra (LUNA) Lost 99.999% of Its Value — A Reminder of Risks ...

Retrieved on: 2024-05-15 22:46:05

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2 Years Ago Today: Terra (LUNA) Lost 99.999% of Its Value — A Reminder of Risks .... View article details on hiswai:

Summary

The article covers the dramatic collapse of Terra's LUNA coin in 2022, focusing on how its link to the unstable algorithmic stablecoin UST led to massive investor losses and legal troubles for Terra's founder, Do Kwon. It also mentions the overshadowing FTX scandal, emphasizing volatility and risks in the cryptocurrency market.

Article found on: zycrypto.com

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