[chemgear]

Originally Posted by monkeyman

Wow. Looks like the end for Terra. The blockchain was halted and Binance halted trading. UST’s at $0.15 and Luna’s at $0.0000922. Luna was at $78 a week ago and over $100 just over a month ago.

https://markets.businessinsider.com/...o-crash-2022-5

Crypto entrepreneur Do Kwon's TerraUSD stablecoin has crumpled and luna token has plunged 99%.

Now attention in the crypto community is turning to his habits of dismissing criticism of his projects by mocking detractors as "poor."

In July, Kwon mocked a British economist who criticized the so-called algorithmic stablecoin model.

Kwon replied: "I don't debate the poor on Twitter, and sorry I don't have any change on me for her at the moment."

Neil Wilson, analyst at trading platform Markets.com and a long-time crypto skeptic, said: "It's all fugazi. They're made up assets."