Showing 1 Result(s)

Terraform Labs CEO Do Kwon seals $10 million bet over LUNA price

Terraform Labs CEO Do Kwon has finalised a bet with a crypto personality known as GCR, or Gigantic Rebirth, to the tune of $10 million over the future price of Terra (LUNA). Both parties have now sent $10 million in stablecoins (USDT for Kwon and USDC for GCR) to an escrow account, which is simply an Ethereum wallet owned by a veteran crypto trader known as Cobie. GCR sent their funds over yesterday but Kwon has only just sent his …