Baseball fans gathered to Nationals Park in Washington, D.C., for the Major League Baseball (MLB) opening day, and they weren’t blind to the existence of Terra $1.29, the crypto ecosystem that failed in May 2022.
A fan of the Washington Nationals on Twitter who was present for the team’s March 30 home opener versus the Atlanta Braves tweeted a picture of Terra prominently featured on a banner that read, “A decentralized economy needs decentralized money.”
“Seems like a trustworthy firm. Gonna check out,” the user responded in reference to Terra’s conspicuous location at the stadium. The Terra Club, a Premium pre-game venue experience, is still there at Nationals Park behind home plate, along with “a giant sign in left center” advertising Terra, according to another Twitter user.
In February 2022, two months before its native token, LUNA, and stablecoin UST crashed, Terra and The Washington Nationals’ alliance was established. To close the sale, the Terra community contributed $38.2 million in UST over a five-year period.
According to an alleged criminal defense attorney in a March 29 Protos story, Terra’s founder Do Kwon, who is presently detained in Montenegro and will reportedly face harsh conditions in the penitentiary system, offered the alliance using the community’s governance platform.
It was stated that since a 2020 human rights assessment by the US State Department, the circumstances in Montenegro’s jails and prisons “haven’t changed.”
In a 2015 trial, prison guards were found guilty of torturing 11 prisoners and “inflicting grave bodily injury,” according to the article. The Washington Nationals were contacted by Cointelegraph for comment, but no response was received by the time of publication.
