1/ If your friends associate you with Bitcoin, Ethereum, or any part of crypto, you’re probably getting Qs about what to do. It’s tricky to guide someone from where we are currently ($BTC ~$100K), especially if they’re an inexperienced investor. Some learnings from 10+ years of watching this dynamic play out...
@FranklinBi@AndalusiaLabs@lightspeedvp@MubadalaCapital@SubseaProtocol Tl;dr - Risk Harbor exited Terra with 7M USD from an underwriting fund sent to their Binance account.
They attempted a similar withdrawal on Terra 2 with 6M of community funds & were caught, returned the funds after private negotiations with @terra_money & left the ecosystem.
seeing people shill karak as the next farm
went into their discord and then realized they are the same team that rugged risk harbor (UST depeg insurance protocol)
beats me how VCs don't do simple due diligence
will not be putting any $ in this one and i encourage everyone to dyor before deciding to do so