(Natural News) The co-founder of Terraform Labs, Do Kwon, has reportedly been cashing out tens of millions of dollars a month prior to the crash of the TerraUSD (UST) and Luna tokens. Terraform Labs developed the Terra blockchain network and a cryptocurrency named TerraUSD. The UST was pegged to the US dollar through bitcoin reserves […]

(Natural News) People who lost everything in Terra (UST) and Luna are now contemplating suicide after having their lives ruined by more cryptocurrency scams. On Reddit, one person wrote that his friend and ex-manager of 15 years tried to commit suicide after moving basically all of his life savings to crypto in 2021. “… Luna […]

(Natural News) Terra creator Do Kwon is apparently a longtime scam artist who also put together the failed algorithmic stablecoin “Basis Cash” (BAC), which was launched through Ethereum in 2020. Just like the now-failed Terra coin, BAC “sought to maintain a $1 peg through code, not collateral,” according to CoinDesk. BAC ultimately failed, never reaching […]

(Natural News) Just about every cryptocurrency and digital “asset” is taking a nosedive following the collapse of Terra and Luna, a “stablecoin” duo that were supposed to be pegged to the U.S. dollar. Ethereum lost 20 percent of its value in just 24 hours while Bitcoin, the original crypto, plunged by 11.24 percent. Luna, meanwhile, lost […]

(Natural News) UST, a so-called “stablecoin” that also goes by the name of TerraUSD, along with its “sister” token Luna, have both pretty much collapsed, demonstrating that the idea of a cryptocurrency coin being stable is pure fantasy – not that the Federal Reserve’s fake fiat “Monopoly” money is any better or more stable, just […]

(Natural News) Several cryptocurrency analysts once again suspected fraud in the industry after shares of MicroStrategy fell nearly 18 percent on Friday following a decision by the U.S. Securities and Exchange Commission to reject the firm’s bitcoin accounting methods. The business intelligence software firm’s stock was already declining in value along with the price of […]

(Natural News) A new complaint has been filed against leading stablecoin issuer Tether over its alleged “unlawful and deceptive” practices. The class-action lawsuit, filed in the District Court of Southern New York, says that Tether is engaged in “immoral, unethical, oppressive, and unscrupulous” business practices. Plaintiffs Matthew Anderson and Shawn Dolika say that Tether is […]

(Natural News) The hunt is on to find the billions of Federal Reserve Notes that supposedly back the cryptocurrency “stablecoin” known as Tether. The existing financial paradigm is upset about the threat that cryptocurrency poses to the banking cartel, and recently converged to discuss how to handle it. Names like Janet Yellen (Treasury Secretary) summoned […]

(Natural News) Cryptocurrency sleuth John Perez talked about the recent issues in the crypto realm during the Dec. 6 episode of the “Health Ranger Report” with Mike Adams on Brighteon.TV. Perez touched on crypto’s links to globalists and the issues surrounding stablecoin Tether. Adams took the opportunity to clarify his stance toward Bitcoin. “Some people have misinterpreted my previous […]

(Natural News) Australia is planning to have a digital currency issued by its central bank and regulate the crypto market in a bid to overhaul how the nation’s consumers and businesses pay for goods and services. Treasurer Josh Frydenberg stressed the need to reform Australia’s current framework to prevent Silicon Valley from determining the future of its payments […]