Justice Department Investigating TerraUSD Stablecoin Collapse: Reports

BitMEX Founders Arthur Hayes, Ben Delo Plead Guilty to Violating US Law

Such a bailout never took place, but the investigation is seeking to determine whether the firms were involved in possible market manipulation. TerraUSD and its sister token, Luna, both eventually collapsed, setting off a series of high-profile failures of prominent crypto firms, including hedge fund Three Arrows capital, Voyager Digital and FTX.

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