I've lost nearly all my wealth: Founder of crypto firm Terra whose token crashed 99%

Terraform Labs Founder Do Kwon told The Wall Street Journal he lost nearly all of his wealth after the cryptocurrency firm's tokens LUNA and UST collapsed. Kwon said he was probably a billionaire earlier this year when LUNA was trading near $100. In May, LUNA crashed 99% after stablecoin UST, designed to maintain its value at $1, lost its peg.

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