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Give it a listen here; it's interesting. It sounds like he's making a massive gamble on a short-term boost in both UST demand and Bitcoin's price at the expense of retail and Anchor depositors.https://podcasts.apple.com/us/podcast/880-the-%2410-billion-stablecoin-bet-on-the/id1434060078?i=1000555093692 …
The latter half of the conversation is a sobering and lucid (tacit) revelation of exactly how underbacked UST is and how easy it might be to break it. I wouldn't be surprised if initial plans for the peg attack started when a fund manager listened to this podcast.
Don't spread that whole attack narrative. Global market downturn led to people needing cash elsewhere and it went as it had to go.
Where is the proof that this was indeed an attack?
it was never a DAO Hack moment or outside attack- it was a inside job orchestrated by do and his funders to profit and push forward their agenda in the crypto space- if evidence reveals my theory- you owe me 1 million LUNA- so that i can brag to my friends
Just go buy it yourself for a few $
I love what you doing brother 
Well, the MOP has been online for a while before that podcast.https://twitter.com/FreddieRaynolds/status/1463960623402913797?t=JgVvDQaVhe7XHqkQp_FMwg&s=19 …
@stablekwon @ Been a massive learning curve on crypto... read your posts, Do's and many more... it seems to me Do Kwon may have been naive... but I don't think he set out to defraud or cause this disaster. I think his new LUNA project may be a market grab to reimburse investors.
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