The U.S. Justice Department is investigating the collapse of the stablecoin TerraUSD, the Wall Street Journal reported late Monday, putting founder Do Kwon...
The U.S. Justice Department is investigating the collapse of the stablecoin TerraUSD, the Wall Street Journal reported late Monday, putting founder Do Kwon at risk of facing new criminal charges.
Last... The U.S. Justice Department is investigating the collapse of the stablecoin TerraUSD, the Wall Street Journal reported late Monday, putting founder Do Kwon at risk of facing new criminal charges. Last month, the Securities and Exchange Commission charged Terraform Labs and Kwon with securities fraud, alleging they deceived investors by marketing crypto assets and claiming they would increase in value. Terra collapsed last year, wiping out roughly $40 billion in market value and starting a chain reaction that tore through the crypto industry.
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WSJ News Exclusive | Justice Department Probes Collapse of Do Kwon’s TerraUSD StablecoinThe Justice Department is investigating last year’s collapse of the TerraUSD stablecoin, adding the risk of U.S. criminal charges to the pressure on its creator, South Korean crypto entrepreneur Do Kwon
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Justice Department Investigating TerraUSD Stablecoin Collapse: ReportsThe U.S. Justice Department is probing last year’s collapse of the TerraUSD stablecoin, including whether several prominent trading firms engaged in market manipulation, according to the Wall Street Journal and Bloomberg. By NelWang
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