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FatManTerra's profile
FatMan
FatMan
FatMan
@FatManTerra

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FatMan

@FatManTerra

FatMan from the Terra Research Forum I provide research, updates, and analysis on the Terra situation as it unfolds. Views are my own opinions.

fatmanterra.eth
Joined May 2022

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    1. Austerity Sucks‏ @austerity_sucks 14h14 hours ago

      Austerity Sucks Retweeted Michael Moro

      "mitigated losses" question is how big are those losses?https://twitter.com/michaelmoro/status/1537822426536546306 …

      Austerity Sucks added,

      Michael Moro @michaelmoro
      3/Genesis can confirm that we carefully and thoughtfully mitigated our losses with a large counterparty who failed to meet a margin call to us earlier this week. No client funds are impacted. We sold and/or hedged all of the liquid collateral on hand to minimize any downside.
      Show this thread
      2 replies 0 retweets 59 likes
    2. Cobie‏Verified account @cobie 14h14 hours ago
      Replying to @austerity_sucks

      They took the biggest hit — maybe 500m+

      14 replies 5 retweets 198 likes
      FatMan‏ @FatManTerra 14h14 hours ago
      Replying to @cobie @austerity_sucks

      Was this 3AC then? To my knowledge they have little to no losses from Babel

      12:59 PM - 17 Jun 2022
      • 3 Likes
      • Pierre_C CryptoKid Pasqual Dev
      0 replies 0 retweets 3 likes

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