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A comment on UST Stablecoin Loses Dollar Peg. Parent comment

Re:UST Stablecoin Loses Dollar Peg by Ekaros on Tuesday May 10, 2022 @01:46AM (#31323871)
That sounds like fun. If the price stays lower than that level, I wonder will they get sued for losses beyond that point?
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Re:UST Stablecoin Loses Dollar Peg by Nursie on Wednesday May 11, 2022 @05:19AM (#31337565)
So from what I can tell they removed those constraints earlier today, and after a brief attempt to prop the peg back up somehow, which saw it hit $0.95, the UST price has been back down between $0.3 and $0.5.

I don't imagine that anyone will find themselves sued successfully...

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