Do Kwon 🌕

@stablekwon ↗

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Last Checked April 3, 2023

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Thu Dec 08 16:47:29 +0000 2022

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Do Kwon 🌕 @stablekwon

@gabrielhaines @cewh1te @UnterseeS And exactly what happened should be revealed by investigations- we published our trading audit during the depeg, relevant investigations should reveal conclusions with data from other large parties — PolitiTweet.org

Posted Dec. 8, 2022

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Do Kwon 🌕 @stablekwon

@gabrielhaines @cewh1te @UnterseeS During the depeg there were: 1) large ust short open interest on ftx (think possibly in excess of ust deposits custodied implying naked shorts) 2) and price agnostic sells of sometimes hundred millions in an hour against lfg bids in order books to suppress price recovery — PolitiTweet.org

Posted Dec. 8, 2022

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Do Kwon 🌕 @stablekwon

@gabrielhaines @cewh1te @UnterseeS I want to point out this isn’t a blame game - ultimately ust was not robust enough to stand up to attack, but getting to truth is important so the community can *learn and internalize the knowledge* — PolitiTweet.org

Posted Dec. 8, 2022