<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvZTdkYzkzMjQtNDg5Ny00Yzk5LTljODUtM2U4NWNkOGM0YzE1LmpwZw==.jpg"></p><p>Hodlnaut reportedly lied about its exposure to the now-defunct Terra algorithmic stablecoin and lost nearly $190 million. </p>