Cryptocurrency Q&A
What happened with Terra coin?
What happened with Terra coin?
Bianca
Thu Nov 14 2024
|
7 answers
1207
I heard some news about Terra coin recently and I'm wondering what exactly transpired. Could someone provide an overview of the significant events or changes that occurred with Terra coin?
7 answers
Daniele
Sat Nov 16 2024
By May 16th, the Terra stablecoin and Luna token had essentially ceased to exist.
Was this helpful?
226
30
Eleonora
Sat Nov 16 2024
Media outlets had different interpretations of the collapse.
Was this helpful?
105
91
Michele
Sat Nov 16 2024
Some labeled it a Ponzi scheme, implying a fraudulent structure.
Was this helpful?
216
41
Pietro
Sat Nov 16 2024
Others described it as a rug-pull scam, suggesting an abrupt exit by the creators.
Was this helpful?
298
81
Enrico
Fri Nov 15 2024
Despite the widespread criticism and collapse, Do Kwon remained optimistic.
Was this helpful?
168
42
Load 5 more related questions
