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Greater than $40 billion in investor belongings have been misplaced within the crash between Might 5 and Might 13, 2022. Lower than a 12 months 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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