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Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse – Bitcoin News

Summary by Ground News
The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) The Wall Street Journal reports that former staff members from Terraform Labs, the company behind the Terra blockchain project, have been questioned by U.S. law enforcement. Investigators are also looking into the relationship between Terraform labs and the South Korean payment firm Chai.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse – Bitcoin Information

The Division of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd

Read Full Article
Crypto Breaking NewsCrypto Breaking News

Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse

The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin

Read Full Article
Bitcoin.comBitcoin.com

Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse – Bitcoin News

The DOJ and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd.

Read Full Article
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Bitcoin.com broke the news in on Tuesday, March 14, 2023.
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