Investing’s cults of personality
FT News Briefing
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Turmoil in Cryptocurrency: The Terra and Luna Crisis
This chapter explores the collapse of the stablecoin Terra and its token Luna, revealing the devastating impacts on investors and prompting investigations from South Korean authorities. It also examines the enigmatic figure behind this turbulence, whose polarizing personality has captivated a loyal following, reflecting broader trends in the cryptocurrency investment culture.
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Transcript
