Magic Internet Money token depegs as Terra (LUNA) domino effect persists Post author:MiamiCrypto Post published:June 18, 2022 Post category:Cryptocurrencies / Dollar / Stablecoin / volatility Citing an insider scoop, Autism Capital claimed that Abracadabra accrued $12 million in bad debt as a direct result of Terra’s sudden downfall, which has been refuted by founder Daniele Sestagalli. You Might Also Like IMF reiterates more oversight for crypto in latest report on financial stability October 12, 2021 AI and real-world assets gain prominence in investor discussions November 1, 2023 Bitcoin price falls to $31K as traders prepare for a ‘rocky’ road and more downside May 9, 2022