Terra (LUNA) Investigation Officially Launched: Here’s the First Information

The earthquake effect in the crypto money markets terra There has been a new development in the (LUNA) crisis. According to the information shared by South Korean news sources, some employees of Terraform Labs, the founder of the cryptocurrency, were summoned to the authorities in the country for their statements. LUNA investigation officially launched. It seems that South Korean prosecutors will not give up on this and will reveal what happened in the background.

According to the news in JTBC News Terraform Labs employees have accused Do Kwon, who is the head of the team, in their statements. Because, in the statements given, Kwon’s LUNA was even before it was released. warned for collapse however, it is stated that the CEO did not listen to anyone and gave instructions to implement the LUNA/UST project. This stubbornness is in the crypto money markets. billions of dollars has caused damage.

Do Kwon will also be questioned

According to the information obtained, South Korean prosecutors have been directed against Do Kwon, the number one name of the project. they will open a private investigation. Within the scope of this investigation, it will be examined whether there is manipulation in prices. However, both LUNA’s and UST’s stock exchange listings whether they are suitable will also be investigated. The investigation could host important developments for investors who have taken a loss.

To be frank, LUNA and UST have hurt a lot of people. Also due to the drop in the algorithmic stable coin UST. Confidence in the markets also decreased.. There will be those who remember; UST, whose normal price was supposed to be 1 dollar, decreased to 0.01 dollars, although it had a very serious popularity. LUNA a few months ago While it has reached the levels of 116 dollars, it is now 0.000143 dollars. is trading…