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Difference between revisions of "LUNA Collapse in May 2022"
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== Investors and Promotors == | == Investors and Promotors == | ||
Several promotors and | Several promotors and venture capital funds suffered large losses. The exact amounts are difficult to verify, since people are unwilling to say that | ||
* Arca - Published investor letter in May 2022, describing the | * Arca - Published investor letter in May 2022, describing the de-peg as a buying opportunity<ref>https://www.coindesk.com/business/2022/05/11/crypto-fund-arca-doubled-down-on-ust-amid-stablecoins-collapse/</ref> | ||
* Delphi Digital - Rumors of $500m loss<ref>https://members.delphidigital.io/reports/mapping-the-moon-an-overview-of-terras-ecosystem/</ref> | * Delphi Digital - Rumors of $500m loss<ref>https://members.delphidigital.io/reports/mapping-the-moon-an-overview-of-terras-ecosystem/</ref> | ||
* Arrington Capital - $100m UST yield fund<ref>https://twitter.com/CoinDesk/status/1524506527368888320</ref> | * Arrington Capital - $100m UST yield fund<ref>https://twitter.com/CoinDesk/status/1524506527368888320</ref> | ||
*Galaxy Digital - $300m loss (no mention of cause)<ref>https://www.coindesk.com/business/2022/05/13/galaxy-digital-sees-quarter-to-date-loss-of-300m/</ref> | |||
*3 Arrow Capital - promoted and invested in LUNA. The CIO's Twitter posts implies that they lost money<ref>https://twitter.com/zhusu/status/1525045033216397312</ref> | |||
== Sources == | == Sources == | ||
<references /> | <references /> | ||
[[Category:History]] | [[Category:History]] | ||