@wassielawyer@0x0A455 Lawyer here too. A claim in negligence doesn't seem too far-fetched to me. Perhaps difficult to prove breach of duty given the novel territory Terra were operating in and the argument that crypto (even stablecoin) investors were knowingly taking on risk. Also pure economic loss.
@FatManTerra He did say "8/ We believe this token distribution, in addition to best efforts by LFG to make $UST holders whole, best solves for the varying interests..."
@stablekwon You must ensure that small retail users who have had their lives devastated by the depegging of your stablecoin and your 'Savings' protocol are compensated. People are taking their lives over this. You have the ability to make them whole. Please fully consider your responsibility
@LFG_org Yes. Anchor was explicitly marketed as a savings protocol - 'Better Savings'. LFG's primary responsibility should be to make retail holders of UST whole as much as possible. Many retail holders have had their savings - and lives - devastated by this incident.
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@TheCryptoLark I am considering doing the same, could you please share your thoughts/reasoning? I would really appreciate (Not financial advice, obviously)
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