Post by: newshunter on May 15, 2022, 01:05:27 AM
GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts.
Source: No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks (https://cointelegraph.com/news/no-rescue-for-terra-swiss-asset-manager-denies-3b-luna-ust-bail-out-talks)
Would appreciate your opinion about this
Post by: TomPluz on May 15, 2022, 04:53:30 AM
Still no solid solutions in sight, I am sure that Terra is going to have a hard time recovering from the many problems it is undergoing right now. I am sure it can have many difficulties in getting the support it needs from outside platforms and entities as it is struggling just to survive. Unfortunately, this is affecting the whole cryptocurrency market and now leads to many regulators to question many things happening in this industry. Hope that soon Terra can find the right answers to questions that are now bugging it fully.