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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