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Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade

July 21, 2022 by DIGIT
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The investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets.

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Categories Investments, South Korea, Terra
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  • bitcoinBitcoin(BTC)$97,115.00-1.06%
  • ethereumEthereum(ETH)$3,382.73-2.32%
  • tetherTether(USDT)$1.000.04%
  • rippleXRP(XRP)$2.28-2.03%
  • binancecoinBNB(BNB)$667.65-1.65%
  • solanaSolana(SOL)$186.13-3.97%
  • dogecoinDogecoin(DOGE)$0.320975-5.22%
  • usd-coinUSDC(USDC)$1.000.13%
  • staked-etherLido Staked Ether(STETH)$3,377.25-2.33%
  • cardanoCardano(ADA)$0.91-5.63%