Post
Topic
Board Beginners & Help
Re: New to Bitcoin, here's your FAQ: Who should I trust and whom not?
by
mk4
on 22/11/2022, 16:10:10 UTC
There's no relation between Terra Luna and Bitcoin, it's off topic.

There is, though. Terra's LFG fund purchased a good amount of bitcoin to hopefully be a backstop if it's the case that UST crashes below the peg; and it did, and LFG was forced to liquidate all their BTC — causing a cascading drop.