Luna Coin Collapse Fuels Social Media Stories of Financial Ruin

Published by
The Street

By Rob Lenihan Social media is being flooded with stories of financial ruin and concern about suicides following the collapse of Luna coin and its sister token UST. The Reddit post did not mince words. “Lost money on luna and ust,” it read. “what can I do.help me please.” ‘A Nightmare’The commenter said that “I put some of my money on a crypto protocol called anchor for a safe 20% annual return, and the rest in luna, now my money is a fraction of what it used to be. I don’t think ill have enough to pay for next semester let alone finish school.” The post was one of many similar social media cl…

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