I think people believe the rumors that there is a large institutional presence surrounding Alameda, Ftx and Sam Bankman-Fraud that wishes to rez Luna and killed Celsius in shorts to do so, among other nefarious deeds.

The fact that Do Kwon isn't in jail or dead yet makes me believe this might actually be fucking true which, if that's reality, then we're living in levels of clown world I did not know were previously possible.