Singapore police said they have commenced an investigation into Terraform Labs, the company behind the failed TerraUSD stablecoin, according to a Bloomberg report. By JamieCrawleyCD.
Police said inquiries are"ongoing" as part of its investigations"in relation to Terraform Labs," according to the report, citing an emailed statement., alleging that the company and its co-founder Do Kwon misled investors about UST's stability.
Kwon, who is is wanted by authorities in his native South Korea, has been on the run for nearly a year now, having fled for Singapore last April, before heading to Dubai and then Serbia,The collapse of TerraUSD last year led to a wave of bankruptcies in the crypto industry, such as hedge fund Three Arrows Capital and crypto lenders Voyager and Celsius.
Neither Singapore's police nor Terraform Labs immediately responded to CoinDesk's request for comment.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Cherry Bullet's Haeyoon releases emotional cover of Kwon Jin Ah's 'Stupid Love' | allkpopCherry Bullet's Haeyoon is back with another cover song!On March 5 KST, FNC Entertainment released a cover video through Cherry Bu…
Baca lebih lajut »
North Bay Tae Kwon Do instructor arrested for sex crimes against minor: PoliceA North Bay Tae Kwon Do instructor was arrested for alleged criminal sexual activity with a 10-year-old girl, authorities said,
Baca lebih lajut »
Yuga Labs' Bitcoin NFT collection TwelveFold to be auctioned SundayOf the 300 NFTs on offer, 288 will be available for sale. There will be 12 held back for contributors, donations and philanthropic efforts.
Baca lebih lajut »
Gourmet fish bladder races chicken, beef to profitability in Singapore's lab meat pushHuber's Butchery in Singapore's lush Dempsey Hill is the lone restaurant in the world selling lab-grown meat, but the supply is so limited there are just six servings - cultivated chicken in a salad or on kebab sticks - only on Thursdays.
Baca lebih lajut »
Crypto's three biggest stories from the past weekThis week we've seen crypto firms cut ties with Silvergate, revelations about Dapper Labs and Visa's crypto plans questioned.
Baca lebih lajut »
Apple's Approval Process Delays Uniswap's Mobile App Launch; Firm Launches Limited Trial Release – Defi Bitcoin NewsUniswap Labs said the limited release was due to Apple not granting approval for the application launch, and the team does not know why. DeFi
Baca lebih lajut »