The fallout from Terra’s collapse continues: Stablegains yield app faces legal action after losing millions in user funds, Hashed lost billions, Finder's predictions were wrong — but at least Avalanche holders can breathe easier.
Crypto-focused research and investment group Delphi Digital published aon May 18 regarding its losses due to the collapse saying it “always knew something like this was possible”.
The firm didn’t disclose the dollar amount of its losses but said it purchased a “small amount” of LUNA worth around 0.5% of its net asset value in the first quarter of 2021 which grew to around 13% of NAV as the price gained and the firm made more investments.
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