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converted illicit funds from luna
pepe unchain
Bnb
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South Korean prosecutors allege that Do Kwon converted illicit funds from LUNA to Bitcoin. LUNA, along with its sister stablecoin UST, collapsed in 2022, leading to a loss of over $40 billion overnight. This event, known as the LUNA & UST crash, shocked the
cryptocurrency market and had a significant impact on Tapswap Code and the broader crypto ecosystem. The collapse was caused by a combination of factors, including algorithmic stability mechanisms and leveraged trading.
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