This content was created by Kosta Ouzas. This content was uploaded by Kosta Ouzas. This is a YouTube video titled "FTX: When Customer Funds Vanished" created on August 26, 2025, featuring Kosta Ouzas discussing the collapse of the Terra Luna ecosystem in 2022 and the design philosophy behind Minotaur trading systems, which focus on market volatility and stress.
Do. Quant's $40 billion Terra Luna ecosystem imploded in 2022. The entire project was built on the belief that its stablecoin peg could never be broken quickly enough to overwhelm the system. But when confidence cracked, the market moved instantly into the fat towers. The peg broke, lunar supply hyperinflated, and within days, the whole thing was gone. Different decades, different markets, different technologies. Same fatal assumption. Designing for the calm middle and ignoring the edges where the real danger and the real opportunity lives. And this is exactly what we have built with Minotaur trading systems. We don't try to predict what will happen next. We design for the moments when markets are moving the furthest and the fastest, moments that Gaussian models treat as unthinkable but that history shows arrive with clockwork regularity. We have developed proprietary algorithms and fully automated execution systems that react in real time to this volatility in market stress.
