TerraUSD (UST) and LUNA The collapse caused a shock effect in the crypto money market. Apart from investors, all cryptocurrencies were also affected by this collapse, and sharp decreases were experienced.
In South Korea after the collapse Terra-LUNAInvestigations have begun.
While the investigations are still ongoing, South Korean justice minister Han Dong-hoon, terra met with US officials to discuss ways to cooperate in all cryptocurrency investigations, including the
According to a report from a local newspaper in South Korea, authorities discussed ways to improve cooperation and exchange information in the investigation of financial crimes, particularly cryptocurrencies.
South Korean and US officials also TOP and LUNAAgreed to share the latest research data on ongoing cryptocurrency investigations, including the investigations and litigation related to .
South Korean prosecutors Terra co-founder Do KwonWhile investigating various charges, including fraud, market manipulation and tax evasion, the US launched an investigation into Do Kwon in June.
terra South Korea, which has been working deeply on the collapse of the country, has started work in the past weeks to establish a “Digital Asset Committee” that will serve to control the crypto money sector in the country.
In addition to controlling the industry, the Digital Asset Committee will also create guidelines on cryptocurrency listings, disclosures and investor protection.