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Coin Edition 2023-03-14 14:45:00

U.S Justice Department Investigates TerraUSD Stablecoin Collapse

The United States Justice Department is investigating last year’s collapse of the TerraClassicUSD (USTD) stablecoin, which contributed to the sweep away of $40 billion in the Terra ecosystem. The investigation has also raised the chances of filing criminal charges against Do Kwon, the South Korean crypto entrepreneur and stablecoin creator, and his company, Terraform Labs. The post U.S Justice Department Investigates TerraUSD Stablecoin Collapse appeared first on Coin Edition .

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