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Tag: LUNA Asset
Korean Police Ask Exchanges to Freeze Luna Foundation Assets
Police Demand that Korea's Big Five Exchanges Cooperate. Seoul Metropolitan Police Agency has issued a request to five crypto exchange companies to freeze Terra’s Luna Foundation Guard’s assets. They reportedly took action following their discovery of suspicious pointers to embezzlement in the foundation’s funds. Terra USD (UST), an algorithmic stablecoin, depegged from its $1 peg, crashing to less than 10 cents earlier this month. Its sister coin LUNA also plummeted to almost zero, eliciting a backlash among its holders…
1 month ago 
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