WebDec 21, 2024 · The Times cites an unnamed source who alleges that it was Bankman-Fried’s cryptocurrency trading firm that shorted Luna, or placed a giant bet on it falling, … WebEvidence shows this was initiated by a coordinated attack by a hedge fund. The trades were made by a single actor. $1 billion USD of capital had been spent, and estimates are they profited $900 million on the incredibly risky trade. They show the actual trades in the block chain too. That’s wild. 24 [deleted] • 1 yr. ago [deleted] • 1 yr. ago
Luna Crash: This Crypto Insider Warned of Terra, UST’s Collapse
WebDec 23, 2024 · Why did LUNA crash? The UST de-pegging and the collapse of Terra . On May 9 2024, UST began to slip from its $1 peg, and fell as low as $0.67 by May 10. Throughout the course of the day, the UST price recovered and stabilized around the $0.90 mark. ... It led to the bankruptcy of Three Arrows Capital, a major crypto hedge fund that … WebDec 21, 2024 · Several major industry players including Three Arrows Capital and Voyager Digital filed for bankruptcy as a result of TerraUSD and Luna’s crash. The ensuing chaos forced many crypto lenders to... easy herb bread recipes
The Collapse of LUNA: What Happened and Why? - DailyCoin
WebFeb 25, 2015 · Citadel's rivals did far worse, with the average hedge fund posting a gain of just 2.2%, according to data tracker eVestment. ... He capitalized on the stock market crash of 1987 through a hedging ... WebMay 29, 2024 · Among the winners of the UST flash crash are Pantera Capital, a hedge fund that saw a 100x return on its investment. Joey Krug, the fund’s co-chief investment … WebMay 12, 2024 · UST has lost its peg to the dollar (at the time of writing, you can buy it on cryptocurrency exchanges for $0.58), and its sister asset luna has plummeted from $82 last week to $0.02. easy herb frittata