Reminder that Do Kwon giving himself hundreds of millions ('operating expenses') isn't just fraud - it actively exacerbated the collapse, since it removed critical liquidity from Curve & LUNA order books (making it easier for UST to depeg and harder for on-chain arb to catch up)
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Replying to @DU09BTC
Proof of what...? I'm explaining that the recent SEC revelation isn't just fraud/laundering but it also *directly* sped up the collapse, since UST's entire foundation is based on how much liquidity there is in LUNA when people want out. This is known.
11 replies 26 retweets 130 likes -
Replying to @FatManTerra @DU09BTC
Funny that the guy asking “Proof” is supposedly a “Seasoned cryptocurrency technical analyst”, and obviously hasn’t taken any time to read all your and hundreds of pages of other content to ask such a stupid question. .
@FatManTerra , keep doing you, ignore the non-DYOR’s.2 replies 0 retweets 5 likes -
Be easy on Duo Nine, he is right for long reasonable of time before the collapse. Long before FatMan surfaces himself.
1 reply 0 retweets 3 likes
That is true
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