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Re:$3B in Bitcoin was sold in a last-ditch attempt to save U... by seoaeu on Monday May 16, 2022 @04:04PM (#31402567)
Burning Luna (which can be created out of thin air) and burning USD/Bitcoin are entirely different things.
Re:$3B in Bitcoin was sold in a last-ditch attempt to save U... by Traster on Monday May 16, 2022 @04:15PM (#31402660)
The point is that UST had significant rallies- that indicates a massive effort to support it that failed.
Re:$3B in Bitcoin was sold in a last-ditch attempt to save U... by polygamous_bat on Tuesday May 17, 2022 @01:06AM (#31406253)
How do you know it doesn't amount to 1B? Or 500MM? Or 250MM? Unless there is transparency all of these is speculation, and since it is all depositor's monies, we should assume the worse until it's been proven otherwise.