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CoinGape

2022-12-08 06:21:24

Breaking: Terra Do Kwon Explains How SBF And Genesis Led Terra-LUNA Crisis

Breaking: Terra Do Kwon Explains How SBF And Genesis Led Terra-LUNA Crisis

Terra co-founder Do Kwon on Thursday blamed former FTX CEO Sam Bankman-Fried and Genesis for the Terra-LUNA crisis. He strongly believes that Genesis Trading provided $1 billion in TerraUSD (UST) stablecoin to Sam Bankman-Fried or Alameda before the UST depeg. The statement comes as federal prosecutors investigating the FTX crisis and its relation to Alameda Research The post Breaking: Terra Do Kwon Explains How SBF And Genesis Led Terra-LUNA Crisis appeared first on CoinGape .

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