Interesting link between coinbase, Jane street and Luna Classic/Terra Classic
Jane Street ⚡ 5% owner of Coinbase.
Jane Street ⚡ Allegedly dumped 85M UST in 10 mins using insider info.
Coinbase ⚡ the only exchanges that didn't immediately delist LUNC/USTC (formerly know as LUNA/UST)
Connecting the dots: Coinbase’s "hesitation" during the Terra collapse starts to look a lot less like technical lag and a lot more like institutional coordination.
If your major shareholder is the one pulling the rug, you don’t shut the doors until they’re safely out the back. This is TradFi's shadow over Crypto.
That's 3 strikes, coinbase!
#Terra #lunc #JaneStreet