21 sats \ 0 replies \ @jp OP 15 Jun 2022 \ on: Terra-owned Wallet believed to be behind LUNA "attack"/collapse bitcoin
TLDR:
Terra has been profiting off of spread between UST and LUNA. These transactions, combined with low liquidity and volatility in crypto markets, resulted in a massive collapse.
Questions around where transactions went when Terra sent funds through third party exchanges
This might be the most complicated rug pull or a major selfpwn