Summary: Early LUNA investor Hashed lost $3 billion in the Terra collapse. The crypto venture capital company confirmed the news on Wednesday. CEO Simon Seojoon Kim told Bloomberg that the VC firm bought some 30 million LUNA tokens in Terra’s early days. The coins were worth over $3.6 billion after LUNA hit an all-time high in April. A month later, the multi-billion dollar portfolio was wiped out. Kim stressed that Hashed still believes in cryptocurrency. The CEO hinted that the […]
