Invictus Capital, a crypto investment firm based in South Africa, moved crypto from funds designated for investments with “no anticipated downside risk” into Terra USD and held the tokens through the UST de-peg event citing “pretty amazing interest” as justification for hholding through the crash.
The post Investors lost over $100M after Invictus Capital moved funds into UST, Celsius against their wishes appeared first on CryptoSlate.