SBF’s Finger in Terra (LUNA) Downfall? Manipulation Investigation by Authorities

Federal prosecutors launched an investigation into FTX and Alameda Research’s role in the Terra (LUNA) collapse as part of a larger investigation into the FTX collapse.

The New York Times (NYT) December 7 According to a report dated FTX Investigates Sam Bankman-Fried, former CEO of FTX, and Alameda’s ties to the Terra collapse as part of an extensive investigation into its bankruptcy. The most critical point of the research is the former CEO of FTX. Sam Bankman-Fried and his team Terra’s algorithmic stablecoin Terra USD (TOP) It depends on whether it creates conscious selling pressure on you.

As it will be remembered, the UST lost its stability last May and then there was a great collapse in the Terra ecosystem.

While no one has been able to pinpoint the root cause behind the LUNA and UST collapse in May, according to the NYT Most UST sell orders are estimated to come from Bankman-Fried’s investment firm Alameda..

On the other hand, a knowledgeable person on the subject told NYT. Big short that Alameda’s LUNA price will drop He also said he has a position.

Kwon: What’s done in the dark will come to light

This news shared by NYT twitter Terra founder responding via Do Kwon if Genesis Trading‘ shortly before the Terra ecosystem collapsed “SBF or Alameda“Either the allegedly given in UST It’s time to admit the $1 billion loan told:

Genesis Trading touted this $1 billion transfer as “interest in joining the Terra DeFi ecosystem,” not ammo for a peg attack.

Kwon is also the UST’s February 2021large living in foreign currency and liquidation of scarcityby Alameda “Within minutes to empty Curve pools during the Magic Internet Money (MIM) crisis 500 million USD when they sell”, he said.


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