TerraUSD: Why The U.S. Justice Department Is Now Probing The Stablecoin’s Collapse

TerraUSD: Why The U.S. Justice Department Is Now Probing The Stablecoin’s Collapse


Bitcoinist
2023-03-14 14:45:53

The U.S. Justice Department is investigating the 2022 collapse of the TerraUSD stablecoin and is considering bringing criminal charges against the coin’s creator, Do Kwon, as reported by the Wall Street Journal. The move comes after the U.S. Securities and Exchange Commission filed charges against Kwon last month for allegedly misleading investors in a multibillion-dollar