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The Daily Hodl 2022-05-16 14:30:42

Terra (LUNA) Is a Case of Marketing and Memes Gone Wrong, According to FTX CEO Sam Bankman-Fried

The chief executive of crypto derivatives exchange FTX says that the downfall of Ethereum challenger Terra (LUNA) was due to faulty marketing rather than outright deception. Sam Bankman-Fried says that it’s unfair to compare the collapse of LUNA and its stablecoin TerraUSD (UST) to the disintegration of former healthcare unicorn Theranos. According to Bankman-Fried, Terra founder […]The post Terra (LUNA) Is a Case of Marketing and Memes Gone Wrong, According to FTX CEO Sam Bankman-Fried appeared first on The Daily Hodl.

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