With the disruption of the $1 peg of UST, the stablecoin on the Terra Chain, the blockchain connection between LUNA and UST turned into a "DEATH SPIRAL" and the Terra network literally collapsed.
As a result of the collapse; small investors, as well as large capital companies and crypto exchanges, faced major losses. In addition, crypto exchanges lost prestige and the entire cryptocurrency world suffered major losses.
As a small investor, we suffered huge losses, especially from UST, and like everyone else, we tried to understand what was going on. We tried to follow the correct news flow, but we came across a huge news pollution.