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Terra co-founder lost nearly all his wealth in wipeout, WSJ says

The Edge Markets LogoThe Edge Markets1 mo ago

Terra co-founder lost nearly all his wealth in wipeout, WSJ says

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That coin is now trading at close to zero.

The event wiped out the savings of thousands of investors globally and set off a wider implosion in cryptocurrencies.

The new one, dubbed Luna 2.0, has slumped to US$1.97 from a high of US$18.87, according to CoinGecko.


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Article Details

Category: InvestingFinance

Topics: Reported Labs Terrausd Kwon Token Told Terraform Journal Luna South Prosecutors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-23, 14:07:07

News Timezone: GMT +8:00

News Source URL: theedgemarkets.com

Language: English

Reading Time: 2 minutes read

Article Length: 267 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 6049

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About The Edge Markets

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Main Topics: InvestingFinance

Official Website: theedgemarkets.com

Update Frequency: 108 posts per day

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 15h ago

Coverage Areas: Malaysia

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Publication Timezone: GMT +8:00

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Publisher ID: #17

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