Event record
Reviewed event
TerraUSD collapse
UST lost its US dollar peg during the Terra and LUNA crisis in May 2022 and did not return as a functioning stablecoin. USTC continued trading afterward, but the original peg and redemption function did not recover.
- Date
- 2022-05-09
- Affected records
- 2 linked records
1 stablecoin · 1 organization - Evidence
- 3 sources
3 evidence relations
Connected records
Affected records
Assets and organizations connected to this event.Sources
Evidence
Sources used for this record, with archival copies where available.| Source | Publisher and date | Relevance | Archive |
|---|---|---|---|
SEC charges Terraform Labs and Do Kwon with fraudSource details
| U.S. SEC Published 2023-02-16 | Regulatory Context, Post Collapse Regulatory Context | Direct archived snapshot |
Anatomy of a Stablecoin's failure: the Terra-Luna caseSource details
| arXiv Published 2022-07-28 | Collapse Analysis | No archive recorded |
Emergency Management and Recovery of Luna ClassicSource details
| arXiv Published 2022-07-04 | Post Collapse Lifecycle | No archive recorded |
Regulatory or court record
HighSEC charges Terraform Labs and Do Kwon with fraud
- Publisher
- U.S. SEC
- Published
- 2023-02-16
- Provenance
- Government, regulator, or legal source
- Primary or secondary
- Primary source
- Supported claims
- Regulatory Context, Post Collapse Regulatory Context
- Archive
- Direct archived snapshot
- Reliability
- High
Research or security report
MediumAnatomy of a Stablecoin's failure: the Terra-Luna case
- Publisher
- arXiv
- Published
- 2022-07-28
- Provenance
- Independent third-party source
- Primary or secondary
- Secondary source
- Supported claims
- Collapse Analysis
- Archive
- No archive recorded
- Reliability
- Medium
Research or security report
MediumEmergency Management and Recovery of Luna Classic
- Publisher
- arXiv
- Published
- 2022-07-04
- Provenance
- Independent third-party source
- Primary or secondary
- Secondary source
- Supported claims
- Post Collapse Lifecycle
- Archive
- No archive recorded
- Reliability
- Medium
Maintenance