Terra Luna crypto crash has investors suicidal as friends seek retribution for millions lost

Just a week ago it was one of the largest cryptocurrencies in the world, but after a coordinated attack on its systems, Terra Luna is now worthless.

The financial massacre not only left thousands of enthusiastic investors in their pockets, but also caused many to plunge into dark mental health holes, some so badly that they even attempted suicide.

Others were forced to hide in their homes as their friends furiously tried to confront them, knocking on their door demanding answers and punishment.

In the sub-Reddit of TerraLuna, the main discussion forum of the self-proclaimed ‘LUNAtics’, a terrified investor asked for advice today.

“My friends whom Luna recommended to everyone hate me now,” they wrote.

“Many angry calls and loud calls to my door from old friends said I bought Luna early, I feel like we’ve all lost our life savings and have kids. What do I do?”

The descent into Terra Luna occurred almost overnight

The volatile cryptocurrency has lost all its value

The volatile cryptocurrency has lost all its value

Terra Luna, which was once one of the few cryptocurrencies in the world, began to fail on May 8, and many investors reduced their losses and sold their currencies.

Similar to a race on the banks, the liquidation triggered a death spiral, rendering the cryptocurrency worthless.

TerraUSD, a stable currency system, has always been pegged to the US dollar in an attempt to create stability and security for investors.

The sudden collapse of both Earth and the Moon, erasing billions of its value, not only infuriated investors, it also caused many to face suicidal thoughts.

“I lost more than $ 450,000, I can’t pay the bank. I will soon lose my house. I want to be homeless. Suicide is the only way out for me,” one wrote.

“I’m going through the darkest and most severe mental pain of my life. It still doesn’t seem real that I’ve lost $ 180,000 … When I get over it, I’ll be stronger than ever,” added another.

“Brother, my little brother lost all his net worth £ 350,000, he disappeared like that. I lent him 5k and he moved in with me,” wrote a third.

In another post-accident story, an investor begged people to seek mental health support after his own friend tried to take his own life.

“My friend and ex-partner (my director for 15 years) tried to commit suicide this morning. Basically, he moved all his savings to crypto in 2021 and LUNA was a huge player in his portfolio,” they wrote.

“I just wanted to tell you guys, if you feel pain and you think your life is miserable without money, you feel like failure and that … just look at the people you love.

‘Don’t be alone, this shit is getting serious. Don’t overestimate the value of money, life has a much higher value. I don’t post anything on Reddit, but I found it important to do so now. I wish you good luck.

Terra Luna headlines have been pocketed with hundreds of thousands of dollars

Terra Luna headlines have been pocketed with hundreds of thousands of dollars

A third told his own story of surviving a suicide attempt years earlier, in an attempt to dissuade other Luna investors from following the same path.

“If you’re thinking about ending your life, I sincerely hope you reconsider your feelings,” they wrote.

“Whatever happens, like everything that has happened in life, will happen. A brighter day will come and you will be amazed at how life will open its doors to you when you allow it.

Do Kwon, CEO of Terraform Labs and the man in charge of the cryptocurrency, is besieged by the shocking crash as his devoted investors ask for answers.

Not only did it take hours to respond to everyone when the coin fell, which left many with a sour taste in their mouths, but it has long portrayed an arrogant attitude on social media, trolling people for being “poor”.

The creator of Terra Luna Do Kwon is in hot water

The creator of Terra Luna Do Kwon is in hot water

Do Kwon trolling someone for being one

Do Kwon trolling someone for being a “broken ass”

The cryptography CEO has regularly called on Twitter critics

Cryptography CEO regularly calls Twitter critics ‘poor’

The cryptocurrency maker was licking his wounds last week when he witnessed the removal of more than $ 57 billion from his company’s market capitalization.

His most recent plan, unveiled on Tuesday morning, was to make a hard fork to Earth: abandon the old Luna token and launch a new one.

“Earth is more than UST,” he wrote.

‘The Earth community is my family. I will always be here, no matter how difficult. We rebuilt it again, together.

If you or someone you know needs help, you can contact Beyond the blue No. 1300 224 636 or Lifeline No. 13 11 14.

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