FBI, NY authorities probes collapse of TerraUSD stablecoin: Report

The USA Justice Division is reportedly investigating the collapse of the TerraClassicUSD (USTC) stablecoin which contributed to a $40 billion wipe out within the ecosystem final Could.

Two businesses inside the division — the Federal Bureau of Investigation (FBI) and Southern District of New York (SDNY) have interrogated former workers at Terraform Labs in current weeks, in accordance to a Mar. 13 report by the Wall Avenue Journal (WSJ).

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