Greater than $40 billion in investor property have been misplaced within the crash between Could 5 and Could 13, 2022. Lower than a yr later, Do Kwon was arrested after allegedly trying to flee prosecution for legal exercise related to the losses.
Volumes have since been written discussing the breakdown, which noticed the Luna (LUNC) coin plummet and Terra’s UST stablecoin depeg from the U.S. greenback.
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