🚨 Do Kwon’s $1M LUNA Bet—A Historic Crypto Gamble That Ended in Disaster! 🚀

On this day in 2022, Terra (LUNA) founder Do Kwon placed a bold $1 million bet with crypto influencer Sensei Algod over LUNA’s future price. The wager was simple: Would LUNA exceed $88 within a year?

Crypto figure Cobie was invited to hold the funds as an escrow witness. However, just months later, LUNA collapsed to near-zero, triggering one of the biggest crashes in crypto history and wiping out billions in investor funds.

This bet remains a symbol of crypto market hype and risk. Was it arrogance, or just another crypto gamble gone wrong? 💭

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