So, everyoneâs still talking about the *attack on Terra* that happened almost *three years ago*, right? đ€ People love to throw around that word âattack,â but letâs be real â this wasnât an attack. Investors, especially *billionaires*, figured out that *USTC* wasnât actually *1:1 backed*, and they did what anyone would do: *pull their money* out! đž They flooded the market, and withdrew from the *Anchor protocol*, trying to save their own investments. That's smart investing, not an attack.
The real problem? *Do Kwonâs* actions afterward. Instead of using the *Bitcoin reserves* to try and *save USTC*, he *disappeared* and started *selling off Luna* during the spiral. This only made things worse. đ€ What should have been used to *stabilize the situation* was gone, and *USTC* ended up being used to *prop up Luna* again. But guess what? The Bitcoins *werenât used* to help at all. đł
*The True Downfall of Terra*
At the end of the day, it wasnât the so-called âattackersâ who caused Terraâs fall. It was *greed*, poor management, and *misuse of funds* that led to this collapse. Billions were available, and it couldâve been *saved*, but instead, *Do Kwon's choices* and greed turned everything into a *mess*. đȘïž The *real scam* wasnât the investors pulling out, it was how things were handled afterward.
So, why are so many people still *talking about it like it was an attack*? đ€Šđœââïž People are *misreading* the situation. Theyâre jumping on the *bandwagon* because someone said something and now everyoneâs just repeating it. Itâs *old news* â the *real victims* know what happened and are still dealing with the aftermath. *FTX* taught us all this, and yet some people are still stuck in the past. Letâs *move on*, shall we?
*The Bottom Line*:
This wasnât an attack, it was poor leadership, greed, and mismanagement of funds. The truth is out there, but some people are stuck in the past. If youâre *still repeating* these old *misunderstandings*, maybe itâs time to *get your facts straight* and stop jumping on the hype train. đ
