Mystery Of $40 Billion Terra Luna Crash Deepens With Possible Role Of Former FTX CEO In Its Collapse
FTX collapse and the revelations around how investors’ money was misused, has prompted a re-examination of the implosion of the Terra algorithmic stablecoin ecosystem. Terra Luna crash had wiped out around $40 billion in market value earlier this year. US prosecutors are said to be investigating Bankman-Fried, the founder of collapsed crypto exchange FTX and its sister trading platform Alameda Research, regarding his possible involvement in orchestrating the death spiral of TerraUSD (UST) and its affiliated token Luna, according to a report in the New York Times citing people with knowledge of the matter.
Source
https://t.me/Terra_Luna_Tron
