Top Crypto Collapse in 2022

Arrow

1. Terra (LUNA) Collapse - In May 2022 Terra (LUNA) collapsed following huge UST transfers were led by Do Kwon

2. Three Arrow Capital - Terra (LUNA) fall led to the collapse of 3AC as the firm had invested $600M in Terra (LUNA)

3. Voyager - Voyager had provided $650M unsecured loans to 3AC while its total AUM was just $5.9 billion.

4. FTX - After Binance claimed to be selling FTT many investors began withdrawing money from FTX. This led to the fall of the FTX firm.