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.
3 source identities · 6 evidence relations
SourcePublisher and dateRelevanceArchive
SEC charges Terraform Labs and Do Kwon with fraud
Source details
Source category
Regulatory or court record
Provenance
Government, regulator, or legal source
Primary or secondary
Primary source
Reliability
High
U.S. SEC
Published 2023-02-16
Regulatory Context, Post Collapse Regulatory ContextDirect archived snapshot
Anatomy of a Stablecoin's failure: the Terra-Luna case
Source details
Source category
Research or security report
Provenance
Independent third-party source
Primary or secondary
Secondary source
Reliability
Medium
arXiv
Published 2022-07-28
Collapse AnalysisNo archive recorded
Emergency Management and Recovery of Luna Classic
Source details
Source category
Research or security report
Provenance
Independent third-party source
Primary or secondary
Secondary source
Reliability
Medium
arXiv
Published 2022-07-04
Post Collapse LifecycleNo archive recorded
Medium
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
Medium
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

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