SBF Suggests LUNA’s Collapse Different to Theranos, but Questioning its Marketing Strategy

FTX Derivatives Exchange’s billionaire CEO Sam Bankman-Fried, known as SBF, has faulted the marketing strategies that were employed by the embattled Terra blockchain to gain acceptance from the public.

These comments come on the heels of the protocol’s two tokens, LUNA and UST, losing their value and peg to the US Dollar respectively.
While many people have been comparing the crash of Terra to the collapse of Theranos, a once innovative healthcare technology that was founded and managed by Elizabeth Holmes. To Bankman-Fried, the downfall of both startups cannot be compared as Elizabeth lied to investors about a …

Be the first to comment

Leave a Reply

Your email address will not be published.