US Justice Department probes collapse of TerraUSD stablecoin

SVB collapse reportedly being probed by Justice Department, SEC

The Justice Department and the Securities and Exchange Commission are investigating the collapse of Silicon Valley Bank, a subsidiary of the defunct SVB Financial Group.

Justice Department Investigating TerraUSD Stablecoin Collapse: Reports

The investigations follow the filing of the SEC’s civil fraud lawsuit against Terraform Labs and Do Kwon last month.

US Justice Department probes collapse of TerraUSD stablecoin

:The U.S. Justice Department is investigating last year’s collapse of the TerraUSD stablecoin, the Wall Street Journal reported on Monday, citing people familiar with the matter.The Federal Bureau of Investigation and the Southern District of New York (SDNY) have questioned former team members of the compan

Justice Department Investigating TerraUSD Stablecoin Collapse: Reports

Justice Department Investigating TerraUSD Stablecoin Collapse: Reports Such a bailout never took place, but the investigation is seeking to determine whether the firms were involved in possible market manipulation. TerraUSD and its sister token, Luna, both eventually collapsed, setting off a series of high-profile failures of prominent crypto firms, including hedge fund Three Arrows capital, […]

US DOJ Launches Investigation into TerraUSD Stablecoin Collapse: Report

Citing people with knowledge of the matter, WSJ reported that the US Justice Department is currently probing the collapse of TerraUSD stablecoin.

FBI, NY Authorities Probes Collapse Of TerraUSD Stablecoin: Report

The controversial founder of Terraform Labs, Do Kwon is at the center of the investigation, despite believed to be hiding out in Serbia.