Crypto Goes Unmentioned in Trump-Musk Interview; 3AC Liquidators Suing Terraform Labs for $1.3B

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Crypto Goes Unmentioned in Trump-Musk Interview; 3AC Liquidators Suing Terraform Labs for $1.3B
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'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto and bitcoin went unmentioned in the interview between X CEO Elon Musk and former President Donald Trump. Plus, 3AC liquidators have sued Terraform Labs for $1.3 billion and Hamster Combat bashes crypto VC funding.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto and bitcoin went unmentioned in the interview between X CEO Elon Musk and former President Donald Trump. Plus, 3AC liquidators have sued Terraform Labs for $1.3 billion and Hamster Combat bashes crypto VC funding.Trump and Musk. Don't mention crypto and three ac liquidators sued Terraform Labs. You're watching Quin Desk Daily.

The saga started unfolding in May 2022 when the Terraform network saw its algorithmic stablecoin Tara US D and its companion token, Luna suffer a $40 billion collapse despite assurances from co-founder Do Kwon by July 3 ac filed for bankruptcy stating that Tara's collapse caused irrecoverable losses.

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