Attack on UST, crashing Luna

[Pretend_Vanilla]

Thats crazy.
Some HF found a weakness in the ecosystem and attack the vulnerablity of the stable coin. They crash someone’s project.




https://youtu.be/UD6Icx9Uqks

[hmgROCK]

The founder/boss is an cocky douchebag asian guy too
Name: DO KWON
He was going around call people poor
And making fun of the poor
Pretty cringed
Because he knows the whole time his coin is a ponzi

He was promising 20% return on his coin
Keep in mind your bank offer 0% for years now

DAMNNNNNN


 

[hmgROCK]

Tether
That stable coin might be next

1 coin=$1

Thats cool and all
But someone need to check their $1 cash reserve
See how much they got in the bank


US BANKING REGULATIONS REQUIRE BANK TO HAVE CERTAIN CASH
this doesn’t apply to crypto

If everyone cash out at once

OH BOY

[hmgROCK]

These coin might or might not be back by anything
With the UST it was back by other coins

Someone need to look at tether
Check their book to see how much they have in the bank

Going get those

YOU CAN ONLY BUY
NOT SELL…. Scenario

[DuMa]

Why not put a few coins on luna now? 

Within the last 24 hours, it lost 99%

then the last 1 hour, well 2 now, it gone up 200%

Is the math right?  They must be talking about those who buys it on the low had a 200% quick pop.  Well my coinbase account must of delisted them.  Can not buy but can only see.

[hmgROCK]

Why not put a few coins on luna now? 

Within the last 24 hours, it lost 99%

then the last 1 hour, well 2 now, it gone up 200%

Is the math right?  They must be talking about those who buys it on the low had a 200% quick pop.  Well my coinbase account must of delisted them.  Can not buy but can only see.

yeah

alot of exchanges removed them
they were promising 20% return if you just park your money


this is the your BOY CEO boss of LUNA and UST

[hmgROCK]

check out their reddit group
lots of people lost money $400k+ and houses
some of them even commit suicide

the group MOD has ban and mute the group

pretty sad man...

https://www.reddit.com/r/terraluna/

[DuMa]

check out their reddit group
lots of people lost money $400k+ and houses
some of them even commit suicide

the group MOD has ban and mute the group

pretty sad man...

https://www.reddit.com/r/terraluna/

What more sad is you get them crazies that lost everything and went to homeboy house and asked for him but his wife said dude not around.  They get extra security care now.  They scare the crazy might kill them off. 

[Pretend_Vanilla]

These coin might or might not be back by anything
With the UST it was back by other coins

Someone need to look at tether
Check their book to see how much they have in the bank

Going get those

YOU CAN ONLY BUY
NOT SELL…. Scenario

Tether could be next.
The government wanted to regulate tether from the get-go. Digital coin back by the US dollar it has to be audit all the time.

[Pretend_Vanilla]

The founder/boss is an cocky douchebag asian guy too
Name: DO KWON
He was going around call people poor
And making fun of the poor
Pretty cringed
Because he knows the whole time his coin is a ponzi

He was promising 20% return on his coin
Keep in mind your bank offer 0% for years now

DAMNNNNNN


 

I don’t know who he is. Guy is probably taking a lot of heat. Cant trust crypto currency.

[Pretend_Vanilla]

check out their reddit group
lots of people lost money $400k+ and houses
some of them even commit suicide

the group MOD has ban and mute the group

pretty sad man...

https://www.reddit.com/r/terraluna/

I was reading some of the post. Sad man. Bots are enforcing damage control. Don’t want people to know about the weakness of the system.

[hmgROCK]

I don’t know who he is. Guy is probably taking a lot of heat. Cant trust crypto currency.

DO KWON is the CEO BIG BOSS of ust and luna
Cocky little douche asian guy

He is toxic

Makes fun of poor people
 

[hmgROCK]

I was reading some of the post. Sad man. Bots are enforcing damage control. Don’t want people to know about the weakness of the system.

Yea

People killing themselves over money loss
Pretty sad

You can always make more

You only live once

[hmgROCK]

UST crashing hard man
12 cents as i type this
Use to be stable $1

 

This thing is going zero
I won’t touch or buy the dip on this one

[hmgROCK]

Nice little pump n dump this morning
NO ONE GOT FOOL