Remember the story about the "algorithmic stablecoin changing the world"? Looking back now, it seems more like a carefully staged $40 billion evaporation experiment. From the altar to the prison cell, it only took two years.
Honestly, seeing the verdict brings mixed feelings. For those who lost everything in Luna's plunge, what does this result really compensate? The founder is in custody, the money is gone, but life must go on.
That's how the crypto market works—never short of new concepts, new myths of wealth creation, and new rounds of FOMO. But every time a bubble bursts, the ones who get hurt are always the ordinary people who have staked their fortunes.
So, it's okay to chase hot topics and invest money, but your mind must always be alert. The so-called "revolutionary innovation" in others' words might just be the countdown to your wallet's downfall.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
3
Repost
Share
Comment
0/400
MetaverseLandlady
· 13h ago
15 years can't recover that 40 billion, and the victims still won't get compensation. This is the reality of Web3.
View OriginalReply0
StrawberryIce
· 13h ago
Having entered 15 years ago, those $40 billion would have evaporated long ago... Those who lost everything are even worse off.
View OriginalReply0
MemeEchoer
· 13h ago
15 years? Well, this guy has paid the price of top-tier dumb tax, but the victims' money still can't be recovered.
Do Kwon finally received his verdict—15 years.
Remember the story about the "algorithmic stablecoin changing the world"? Looking back now, it seems more like a carefully staged $40 billion evaporation experiment. From the altar to the prison cell, it only took two years.
Honestly, seeing the verdict brings mixed feelings. For those who lost everything in Luna's plunge, what does this result really compensate? The founder is in custody, the money is gone, but life must go on.
That's how the crypto market works—never short of new concepts, new myths of wealth creation, and new rounds of FOMO. But every time a bubble bursts, the ones who get hurt are always the ordinary people who have staked their fortunes.
So, it's okay to chase hot topics and invest money, but your mind must always be alert. The so-called "revolutionary innovation" in others' words might just be the countdown to your wallet's downfall.