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US DOJ Probes the Collapse of Terra’s Algorithmic Stablecoin

The American Department of Justice has started a probe into the collapse of Do Kwon’s stablecoin, TerraUSD. The Federal Bureau of Investigation and the Southern District of New York have begun questioning former members of Do Kwon’s crypto firm, Terraform Labs, according to a report from the Wall Street Journal. On-the-run ex-Terra Labs CEO Kwon … Read more