Luna UST comes now to chapter 2.
After loss peg of UST and the collapse of Luna and the creation of shitcoin LUNA 2 we finally see chapter 2.
"how to rug community and online retards".
I know many people lost a fucking fortune of money. But Ponzis do Ponzi things. IMO never invest in shit you don't understand.
If you invest in it, it's a gamble, nothing more.
Back to the Topic,
KWON DOES BRRRRRRRRRRRRR
2,7 Billion $ :D such classic in crypto. A guy called Fatman on Twitter added nonstop pressure on DO Kwon " where are the funds" and so on.
So a lot of people started also asking the question.
here the Thread:
https://twitter.com/FatManTerra/status/1535623662153437185
- FatManTerra
Watcher Guru article to this:
https://watcher.guru/news/how-do-kwon-allegedly-cashed-out-2-7b-from-terra-network?c=70
Classic.
And IMO we can learn how little it needs to lose trust in an asset or stablecoin. Can happen to HBD also.
Algo stablecoin always means shitcoin. ALWAYS.
HBD is more a financial instrument to hedge hive as a stablecoin.
Anyway. I think we will see this story moves on to the next 2 years to entertain us in bearmarket.
Every bearmarket has a story.
MTgox,
Bitconect
and now KWOOOONECT :D
And what if luna was the tip of the iceberg of crypto ponzinomics?
Zero next!
And U.S SEC investigates Terra. It will be an interesting story
In case you don't follow the story, feel free to look into my UST-Luna collection :D