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In how many crypto incidents you have been affected? (USDT, FTX, Voyager, BlockFi, stable depeg, etc...)

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by COINS NEWS 112 Views

Well, this weekend we are surfing the USDC depeg incident. But before this, we had many other cases of incidents where lot of people losted money, in all of them because human greed, scammers, malpractices and other reasons where always is human wrongdoing that ends up affecting us all.

Have you been affected by any of these cases? In how many, in which ones?

In my case i swapped some USDC to UST 2 months before the Luna meltdown, and when things started to fall apart i swapped back to USDC and losted near 1.x%, if i take the 2 months farming i didnt got hit, and i got that luna airdrop that still goes monthly a little bit of it. On the other big cases of FTX or Voyager or other exchanges i didnt got hit, but i have a good friend that losted a big amount, near 30% of his portfolio, and you can hear stories all the time. Now with the USDC drama we are living i swapped all my USDC to USDT on Friday, losing very little like 0.1% becase i was fast at seeing what was going on. But majority of people werent on twitter checking the live news...

I feel that in most of the cases you have some hours before things go crazy, in some cases even more time. For example FTX had 10 days since the Coindesk article hit to their meltdown, but in those 10 days most of the people were thinking ah FTX its too big, it wont fall down, but then it did.

Time matters in getting out, and it feels stressing that you need to stay vigilant every day so your money dont disapear :/

Edit: the USDT from title meant for UST but well, USDT also suffered several depegs in their history so it can also be part of peoples stories

submitted by /u/heyheoy
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