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Terra (UST and Luna)

product
Last discussed Feb 28, 2026

A collapsed cryptocurrency ecosystem featuring UST stablecoin and Luna token that lost $40 billion in value during its 2022 collapse.

What creators say

Tom Bilyeu
critical

"Jane Street had insider information that made it possible for them to trigger a meltdown of the entire Terra ecosystem, taking $40 billion of value with them."

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