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Why Is Bitcoin Crashing?The crypto crisis of hit Changpeng Zhao - founder and CEO of cryptocurrency exchange Binance - the most. His net worth dropped by The top crypto crashes in were Luna, Songbird and FTT. Luna and FTT do not seem to have chances for recovery while SGB does. On 7 May , $2bn of the UST stablecoin was "unstaked" and immediately sold, causing it to unpeg and drop to $ This.
