roughly This Week on Crypto Twitter: Do Kwon Takes Warmth for UST Failure will lid the newest and most present suggestion in regards to the world. contact slowly appropriately you comprehend competently and accurately. will buildup your data dexterously and reliably
These of you ready for the earth to change into unstable-
I am afraid you’ll be ready till the age of males expires
Cities have returned to the mud
Oceans have gone bone dry
The map of continents have been drawn anew
And dinosaurs as soon as once more roam the earth
Gluck
— Do Kwon ? (@stablekwon) May 8, 2022
Deploying extra capital – regular lads
— Do Kwon ? (@stablekwon) May 9, 2022
Near asserting a restoration plan for $UST. Dangle tight.
— Do Kwon ? (@stablekwon) May 10, 2022
Getting shut … keep robust, lunatics
— Do Kwon ? (@stablekwon) May 10, 2022
14/ Terra’s return to type might be a sight to behold.
We’re right here to remain. And we’re gonna maintain making noise.?
— Do Kwon ? (@stablekwon) May 11, 2022
2/ I nonetheless consider that decentralized economies deserve decentralized cash – however it’s clear that $UST in its present type is not going to be that cash.
— Do Kwon ? (@stablekwon) May 13, 2022
‘Predictable, in case you knew the main points’
For these following alongside, the decentralized stablecoin has declared a financial institution vacation by putting in limits on onchain redemptions and getting main markets to droop buying and selling
— nic carter (@nic__carter) May 10, 2022
I solely have one human mind and it’s undoubtedly not large enough to digest the newest rumor on who first began attacking UST’s peg.
— Muyao Shen (@MuyaoShen) May 10, 2022
Simply as the surface view skeptics predicted, throughout a big market transfer a stablecoin blew out. Simply not the stablecoin they predicted.
Which was predictable, in case you knew the main points.
This is not a remark about good vs bad–it’s about how necessary it’s to know the main points!
— SBF (@SBF_FTX) May 10, 2022
I could have a secret plan?
— H.E. Justin Solar ???? (@justinsuntron) May 8, 2022
5. I’m very disillusioned with how this UST/LUNA incident was dealt with (or not dealt with) by the Terra workforce. We requested their workforce to revive the community, burn the additional minted LUNA, and get better the UST peg. Up to now, now we have not gotten any constructive response, or a lot response in any respect
— CZ ? Binance (@cz_binance) May 13, 2022
‘Soros fashion’?
One of many worlds most credit score worthy companies:
Borrowed 100k $BTC
Shorted into Kwons Twap shopping for
Swapped 25k $BTC to TaeKwonDo for $UST
Aggressively dumped the rest on spot over previous week.
Began unloading $UST close to backsidePlease welcome @Citadel to crypto
Give it up for Ken https://t.co/Hs6o6oE4le— napgener 0xBullMarket (@napgener) May 9, 2022
We’re conscious of a latest story that instructed Gemini made a 100K BTC mortgage to giant institutional counter-parties that reportedly resulted in a selloff in $LUNA. Gemini made no such mortgage.
— Gemini (@Gemini) May 11, 2022
Blackrock and Citadel didn’t kill ust
you guys are smoking crack
— icebergy ❄️ (@icebergy_) May 11, 2022
Methods to make a >800 million {dollars} in crypto attacking the as soon as third largest stablecoin, Soros fashion:
Everyone seems to be speaking concerning the $UST assault proper now, together with Janet Yellen. However nobody is speaking about how a lot cash the attacker made (or how sensible it was). Lets dig in? pic.twitter.com/nGVfqjpVJb
— Onchain Wizard (@OnChainWizard) May 10, 2022
In all probability essentially the most retarded thread ive learn this decade.
Silence is a superbly acceptable choice if silly.
Billionaires in my following, go forward, see what occurs https://t.co/wtt9OhX4kg
— Do Kwon ? (@stablekwon) November 28, 2021
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