According to the Wall Street Journal, the United States Department of Justice is conducting an investigation into the TerraUSD collapse, which was led by Do Kwon.
It has been claimed that the US Department of Justice has launched an investigation against LUNA, which is among the top 10 projects with the highest volume, causing billions of dollars in losses in the crypto money industry, and Do Kwon, who was behind the collapse of TerraUSD (UST), which should be stable at 1 dollar.
Allegedly, FBI and New York officials questioned the employees of Terraform Labs, the roof company of the projects, about the process in the past weeks. With the intervention of the USA, Do Kwon was sought after with a red notice in more than one country, and America was added.
Despite the destruction he caused, Kwon, who had been missing for a long time and kept his silence, shared on his Twitter account again during the FTX crisis and attracted everyone’s attention. However, he kept his secret about his whereabouts. The crypto community has commented that America’s involvement in the process is “wanted to be found now”. However, there are also those who think that it is too late for this due to the long time elapsed.