How This Man Just Caused a $45 BILLION Crash [Terra Luna]

Zo July 5, 2022 Short Films

Do Kwon thought he could rule the crypto world with Terra Luna, instead what followed was the largest failure to occur in the crypto space.
Correction at 1:58 I showed the screenshot of the wrong project, it’s supposed to be ‘Basis Cash’, not ‘Basis Markets’. Sorry about that.

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Sources:

Personal interviews with sources at Terra Labs

https://www.coindesk.com/business/2022/05/08/ust-briefly-loses-peg-luna-drops-10/

https://www.bloomberg.com/news/articles/2022-05-15/luna-crash-this-crypto-insider-warned-of-terra-ust-s-collapse

https://www.coindesk.com/layer2/2022/04/22/built-to-fail-why-terrausds-growth-is-giving-finance-experts-nightmares/

https://www.euronews.com/next/2022/05/12/terra-luna-stablecoin-collapse-is-this-the-2008-financial-crash-moment-of-cryptocurrency

https://decrypt.co/100434/what-happened-terras-bitcoin-reserve-ust-luna-crashed

https://fortune.com/2022/05/13/terra-ust-stablecoin-crash-suspicious-potential-attack-george-soros/

https://coinjournal.net/news/the-10-million-luna-twitter-bet-who-will-win/

https://www.coindesk.com/business/2022/05/09/ust-stablecoin-falls-below-dollar-peg-for-second-time-in-48-hours/

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//Soundtrack//