Monday, January 6, 2025


Crypto Stablegains Faces Lawsuit

By DAC000 , in luna stablecoin terra , at May 23, 2022 Tags: , ,

after losing $44M on UST (aka, Terra); class action lawsuit progressing, the company is withholding investors funds until they agree not to litigate. About a two minute read.

Comment: no real legitimate reason for the company to have made false representation, as well as holding funds until investors stop litigation. So net / net, while I generally don’t approve of litigation in this case I do. Make all investors whole again.

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