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Browse: Home / 2022 / May / 18 / Galaxy CEO Mike Novogratz Preaches ‘Humility’ Expresses Confidence In Crypto’s Future Despite LUNA/TerraUSD Crash

Galaxy CEO Mike Novogratz Preaches ‘Humility’ Expresses Confidence In Crypto’s Future Despite LUNA/TerraUSD Crash

By Securities Docket on May 18, 2022, 2:58 pm

“There is no good news in what happened in markets or to the Terra ecosystem. In Luna and UST alone, $40bn of market value was destroyed in a very short amount of time. Both large and small investors saw profits and wealth vanish. The collapse dented confidence in crypto and DeFi,” said Novogratz in a letter posted on the Galaxy Digital website.

To that end, he has resolved to keep the LUNA tattoo, which he famously had added to his left arm in TK as a reminder.

“My tattoo will be a constant reminder that venture investing requires humility”.

Source: Galaxy CEO Mike Novogratz Preaches ‘Humility’ Expresses Confidence In Crypto’s Future Despite LUNA/TerraUSD Crash

Posted in Industry, Top | Tagged Terra

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