At the moment it does not matter at all, because “no funds” are available according to official info of lfg. (which i highly doubt, because they are scammers. They are having probably the majority of the btc reserve or even gained more btc (see two post above)…)
Also check out here:
(https://twitter.com/FatManTerra/status/1526844912272039937)
There is a Discord server in case people like to take legal action created by Fatman. Just scroll up a little.
In my case, i bought UST when it was $0.46 on Coinbase. i spent around $4000 Do i get any refund now? BTY, im still holding all the UST that i bought?
Please i want a clear answer
Hello, I am an Iranian Kurd. The Iranian government discriminates against us a lot and has never benefited us, so I saved all my property in Luna, close to 2500 sec.In an Iranian exchange and a few days ago, I took a collection of tokens 17300 is my whole life wasted car and save 3 kids We are now in a rented house without any support Let’s not fail
Ok I sent back my UST to terra station. I hope it is not late. It doesn’t make sense if I’m not being refunded just because I held on binance instead Terra Wallet.
The transactions are visibile on the chain.
Furthermore, I think that the UST holders should be gratified more than the others because they have lost more with a coin that it would soppose to be stable so without any intention of gaining and speculation with this.
Terra/Luna owes its success to UST/aUST and any compensation or fork etc. should reflect that with a premium to UST/aUST holders. Any residual value Terra/Luna has now is on the backs of UST/aUST holders. Furthermore any fork should be viewed as a loan from UST/aUST holders as its value is being transferred and will be the main reason for propelling any future value. Remember most holders of UST/aUST were to avoid risk and to force UST/aUST holders into risk should be fraught with a premium as any fork will almost nearly end with loss and UST/aUST holders will never be made whole. If UST/aUST holders do not garner a premium than the only viable would be the proposal of a tiered 1:1 USDC refund to all UST/aUST holders.
This would be great. I think this would build trust within the community.
I’m fairly new to crypto and having put money into the “stable coin” it definitely sucked to basically lose it all.
Right now this story pushes out a lot of people that are potentially interested in coming into the space, if we change the story it could turn this bad publicity into good and more adoption.
And I think this will get more exposure once the South Korean parliament starts questioning Do Kwon because they’re specifically interested in TerraUSD’s crash.