TechFlow News, according to CoinDesk, Hashed, an early-stage venture fund based in Seoul, South Korea, appears to have lost over $3.5 billion in the UST and Luna collapse. On-chain data shows that the firm staked more than 27 million LUNA on the Columbus 3 mainnet, 9.7 million LUNA on the Columbus 4 mainnet, and 13.2 million LUNA on the current Columbus 5 mainnet. Using early April pricing data, Hashed's losses amount to over $3.5 billion. Additionally, local Korean media reports indicate that more than 200,000 investors in the country hold Terra-related tokens.
Earlier reports indicated that Delphi Ventures lost $10 million in the Terra crisis. Delphi stated that Terra-related tokens accounted for 13% of its highest managed assets.
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