Lost a lot of respect for CoinDesk after seeing this. They are doubling down on the nonsense rumour that the Curve UST seller ('Wallet A') who triggered the depeg is actually TFL, and thus TFL caused the depegging. Their analysis is plain wrong.https://www.coindesk.com/tech/2022/06/17/wallet-that-helped-trigger-ust-implosion-linked-by-analysis-firm-to-terra-developer/ …
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FatMan Retweeted FatMan
I have debunked this rumour here - the fraudulent 'blockchain analysis report' & CoinDesk articles stem from the fact that these 'crypto journalists' (good one) cannot tell the difference between a private entity and an exchange hot wallet.https://twitter.com/FatManTerra/status/1536669450035929089 …
FatMan added,
FatMan @FatManTerraCoinDesk Korea just released the bombshell revelation that the wallet behind the UST depegging is actually owned by Terraform Labs. If true, this would mean TFL intentionally caused the depegging. http://www.coindeskkorea.com/news/articleView.html?idxno=79890 … But it's not true - it's total nonsense. (1/4)Show this thread9 replies 7 retweets 85 likesShow this thread -
FatMan Retweeted CZ 🔶 Binance
Six minutes after my tweet,
@cz_binance posted this, reinforcing my point.https://twitter.com/cz_binance/status/1537930945981841415 …FatMan added,
CZ 🔶 BinanceVerified account @cz_binanceBased on our analysis, this report is wrong. Not defending Terra, I have criticized them heavily. Just pointing out a mistake. Cunningham's law. The address in the article does not seem to belong to Terra. https://www.coindesk.com/tech/2022/06/17/wallet-that-helped-trigger-ust-implosion-linked-by-analysis-firm-to-terra-developer/ …Show this thread17 replies 8 retweets 102 likesShow this thread -
Replying to @FatManTerra @cz_binance
If the binance research team can reveal this, they must therefore know who owns the memo numbered accounts mentioned in the report. I take it that CZ is unwilling to announce this. I wonder why respond in this manner. Or is CZ up to his eyeballs in this debacle too?
1 reply 0 retweets 1 like
Why would he publicly reveal the identities of private users unprompted?
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