12-08-2022, 09:04 PM
The insane story of my LUNA short on FTX
<!-- SC_OFF --><div class="md"><p>I just published for the first time a dispute I had with FTX in May 2022 where I uncovered many red flags: <a href="https://medium.com/@pedr0fr/the-insane-story-of-my-luna-short-on-ftx-d2079d4feb60">https://medium.com/@pedr0fr/the-insane-story-of-my-luna-short-on-ftx-d2079d4feb60</a></p> <p>TLDR; I was short squeezed on the 13th of May because I couldn't close my short position due to a 99.9 million unit trade limit on FTX (only $100 when LUNA crashed!). I lost $34,000 but after one week of making pressure to be refunded they finally did it. It seems that they simply updated my USD balance on their database, which is a bad practice.</p> <p>Twitter thread: <a href="https://twitter.com/pedr0fr/status/1600580863917441024">https://twitter.com/pedr0fr/status/1600580863917441024</a></p> <p>EDIT: Is there a group for discussing the FTX bankruptcy and prosecution of SBF? I didn't lose any money but want to help if I can.</p> <p>EDIT2: I was retweeted by Bitboy ? <a href="https://twitter.com/Bitboy_Crypto/status/1600655166176256000">https://twitter.com/Bitboy_Crypto/status/1600655166176256000</a></p> <p>EDIT3: Proof this story actually happened - printscreens of my conversation with FTX support: <a href="https://twitter.com/pedr0fr/status/1600667687281217537">https://twitter.com/pedr0fr/status/1600667687281217537</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/johnturtle"> /u/johnturtle </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zfdm84/the_insane_story_of_my_luna_short_on_ftx/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zfdm84/the_insane_story_of_my_luna_short_on_ftx/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I just published for the first time a dispute I had with FTX in May 2022 where I uncovered many red flags: <a href="https://medium.com/@pedr0fr/the-insane-story-of-my-luna-short-on-ftx-d2079d4feb60">https://medium.com/@pedr0fr/the-insane-story-of-my-luna-short-on-ftx-d2079d4feb60</a></p> <p>TLDR; I was short squeezed on the 13th of May because I couldn't close my short position due to a 99.9 million unit trade limit on FTX (only $100 when LUNA crashed!). I lost $34,000 but after one week of making pressure to be refunded they finally did it. It seems that they simply updated my USD balance on their database, which is a bad practice.</p> <p>Twitter thread: <a href="https://twitter.com/pedr0fr/status/1600580863917441024">https://twitter.com/pedr0fr/status/1600580863917441024</a></p> <p>EDIT: Is there a group for discussing the FTX bankruptcy and prosecution of SBF? I didn't lose any money but want to help if I can.</p> <p>EDIT2: I was retweeted by Bitboy ? <a href="https://twitter.com/Bitboy_Crypto/status/1600655166176256000">https://twitter.com/Bitboy_Crypto/status/1600655166176256000</a></p> <p>EDIT3: Proof this story actually happened - printscreens of my conversation with FTX support: <a href="https://twitter.com/pedr0fr/status/1600667687281217537">https://twitter.com/pedr0fr/status/1600667687281217537</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/johnturtle"> /u/johnturtle </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zfdm84/the_insane_story_of_my_luna_short_on_ftx/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zfdm84/the_insane_story_of_my_luna_short_on_ftx/">[comments]</a></span>