in South Korea and the entire cryptocurrency market TerraUSD (UST) and Terra (Luna) The collapse came as a huge shock.
The collapse of UST and LUNA in early May caused investors around the world to lose billions of dollars.
after this event South Korean governmentanother terra began to take measures to prevent a similar collapse.
According to the news of South Korea’s local news source Naver, the country’s Financial Services Commission Financial Intelligence Unit (FIU) made today”“Digital Assets Fundamental Law and Emergency Control in Coin Market Investor Protection Measures” reported the number of users affected by the LUNA crash at its meeting.
According to the FIU report, there are currently about 80 billion dollars in the country. LUNA holding the token 280,000 investors appeared to be.
On May 6, the number of LUNA investors was only 100,000, and investors held 3.17 million LUNA tokens.
Noting that trust in the stability of the Terra ecosystem has been broken after the collapse, the FIU report stated that doubts about algorithmic stablecoins have increased.
Also in the FIU report, LUNA He said that while the impact of the collapse in the country’s domestic financial market is still limited, attention should be paid to the indirect impact of the general weakness in the digital asset market on the domestic and foreign financial markets.
Finally, the FIU report also expressed concern that South Korean citizens may still want to purchase the high-risk LUNA token.
post collapse LUNA At the time of writing, it is located at $ 0.0001585.