Crypto: Justice Department investigating collapse of Do Kwon’s TerraUSD: report

by | Mar 13, 2023 | Stock Market

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. According to the Journal, the FBI and prosecutors from the Southern District of New York have met in recent weeks with former employees of Kwon’s company, Singapore-based Terraform Labs. Last…

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