Luna Loser Wins $10 Million And Elon Musk Crypto Conspiracy Theory Grows

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Last Updated on 18 July 2022 by CryptoTips.eu

Jeroen Kok

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Norwegian Espen Uhlen Jørstad lost 1 million dollars when Luna crashed but gained about 10 million afterwards. Meanwhile a conspiracy theory about why YouTube is allowing so many Elon Musk crypto scams on its site is gaining steam.

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Idiot from Northern Europe

Never a dull moment in the cryptosphere. While we were witnessing a possible upwards trajectory of Ethereum in the past few days, there were once again enough stories to keep you all entertained. Here are two of the most amusing ones.

Espen Uhlen Jørstad, who refers to himself as an Idiot from Northern Europe on Twitter, lost the majority of his net worth when the Luna ecosystem crashed. He therefore took the remainder of his cash, registered for a poker event and won $10m. The event was called WSOP (World Series of Poker) and because his trending story, crypto investors are now making a coin called $WSOP go higher.

Crypto scam streams

Secondly, Jackson Palmer, who co-founded Dogecoin together with Billy Markus, pointed out that YouTube is full of Elon Musk crypto scams as of late. He stated that all you have to do is go to YouTube, search “elon” and then under Filters select “Live”, its endless crypto scam streams.

In a long but very interesting Twitter thread, Palmer states that according to him YouTube does not act upon it because the streams are visited so frequently that they actually bring in ad revenue.

A lot of commenters said it makes actual sense for a Silicon Valley company to react like this.