Some investors got rich before a popular stablecoin imploded, erasing $60 billion in value - CNBC

Venture capital firm Pantera Capital earned 100x on its investment, while Hack VC and CMCC Global got out before it collapsed in May.

WASHINGTON In May, the collapse of one of the most popular U.S. dollar-pegged stablecoin projects cost investors tens of billions of dollars as they pulled out in a panic that some have compared to a… [+9164 chars]

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