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by POTATO_IN_MY_LOGIC
These guys are in deep trouble – they lost about $42m in funds from 4,878 customers and probably have no way to pay it back (they’re a small startup) because they went all in on Anchor’s invincibility. Conviction bets are great, but not when toying with people’s savings. (2/2) pic.twitter.com/p9S5uFILoF
— FatMan (@FatManTerra) May 19, 2022
Thread of Stablegains talking about the UST depegging as it was happening.
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Found via HN.
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