Terra Common Litigation Fund Prompts ‘Red Flags’ Warning
May 26, 2022 Commercial, Legal Innovation, Premium

Crypto markets are suffering in the wake of the Terra UST stablecoin’s collapse, which came after losing its $1.00 peg. In the process, over $60B in value was wiped out, leaving token holders confused over what might have happened to the algorithms meant to safeguard the Terra community from such a devastating loss. A common litigation fund has been organized, but many are worried about certain red flags associated with the fund’s launch.
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