Just-In: South Korea Escalates Investigation Into Do Kwon’s “UST And LUNC Fraud”

South Korea’s Joint Financial and Securities Crime Investigation Team raided the home and offices of TerraForm Labs co-founder Daniel Shin, broadening investigations into the collapse of TerraUSD (UST) stablecoin and LUNA, now Terra Classic (LUNC). The investigation team on Wednesday performed searches and seizures in 15 firms, including crypto exchanges Upbit, Bithumb, Coinone, Korbit, and

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