Algorithmic stablecoin TerraUSD was supposed to maintain its value at $1 with the help of its sister-crypto, Luna. But TerraUSD’s price collapsed to pennies in May, while Luna plunged by more than 99%, wiping out around $40 billion in value. Their creator Do Kwon has been attempting a comeback by relaunching Luna. WSJ markets reporter Alexander Osipovich joins host Julie Chang to explain the collapse of Do Kwon’s crypto empire and what his second try looks like. Photo: Woohae Cho/Bloomberg News For more episodes of WSJ’s Tech News Briefing: https://link.chtbl.com/WSJTechNewsBriefing Visit the WSJ Podcast Center: https://on.wsj.com/3zTcL89 More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com/ Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM #Luna #Crypto #WSJ