SINGAPORE -The first thing cryptocurrency investor Sim Kwang Wei did when it dawned on him that he would experience what he described as his "worst financial loss ever" was to scroll through Twitter.
Mr Sim, 32 and self-employed, was holidaying in Bangkok when news of the crash of Terraform Labs' stablecoin TerraUSD and sister token Luna reached his ears.
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you