One of LUNA’s celebrity holders is taking to social media to document his losses. British YouTuber and rapper JJ Olatunji, more commonly known as KSI, shared Thursday morning that the $2.8 million he invested into Do Kwon’s cratered cryptocurrency, Terra (LUNA), had plummeted to a new valuation of less than $1,000 in a day. LUNA is a cryptocurrency created in part to help maintain the peg, or stable $1 value, of Terraform Labs’ algorithmic stablecoin TerraUSD (UST). But UST lost stability on May 9 and has since plummeted to just 38 cents. Because of the connection between UST and LUNA, the latter nosedived from $62 ... (full story)