Originally published at: Was Terra Crashed Deliberately? Citadel Securities, Blackrock, Gemini Deny Role In UST’s Depeg (Zycrypto) – We Never See Nothing
Following UST’s collapse, narratives of a shadowy conspiracy involving top-notch hedge funds hell-bent on bringing down the stablecoin have been making rounds in the past week, overshadowing claims of a structural problem with the nature of stablecoins. Following UST’s first de-peg last Saturday, some crypto proponents were convinced of inner works to destabilize the native…