Terra Like A Crypto “Pyramid Scheme,” Says Activist Investor Bill Ackman

Activist investor Bill Ackman weighed in on the recent Terra crisis, calling the protocol a crypto version of a pyramid scheme. Ackman’s comments come in wake of the Terra blockchain losing most of its value in the span of a few days, as the de-pegging of its UST stablecoin cause a massive bank run. The

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