Rogue Traders, Rug Pulls & Ratbags: LUNA vs crypto
BostonTrading.co update May-June 2022 Rogue Traders, rug pulls and ratbags So many LUNAtics…
There was big news this month as the (alleged) stablecoin Terra “depegged”; going from its (supposedly) fixed price of US$1 down to pennies, and Terra’s sister-coin LUNA was decimated; dropping from over $100 down to a fraction of a cent.
This depegging was a massive shock to everyone in crypto, and sent shockwaves through the system. Those who have been in crypto for a while have