The United States Department of Justice (DOJ) reportedly launched an investigation against Terraform Labs and its former employees to explore what led to the collapse of the project’s native token – LUNA – and its algorithmic stablecoin – UST.
The US SEC recently accused the entity and its co-founder – Do Kwon – of orchestrating a massive fraud, suggesting this could be the main factor behind the catastrophe.
US DOJ Joins the Club
According to a Wall Street Journal coverage, the FBI and the Southern District of New York have started questioning former members of Terraform Labs to investigate the reasons that triggered the LUNA/UST crash in May last year.
The US SEC filed charges against the organization and its co-creator – Do Kwon – earlier this year, claiming they ran a massive scam by offering and selling unregistered securities through the use of digital currencies. According to the agency, the scheme prompted severe financial losses for institutional and retai
We współpracy z: https://cryptopotato.com/us-doj-begins-a-probe-against-terraform-labs-report/
