Could do Kwon be charged if terrausd collapsed?

The U.S. Justice Department is probing last year’s collapse of the terraUSD (UST) stablecoin, raising the possibility of criminal charges being filed against the stablecoin’s creator, Do Kwon, according to the Wall Street Journal, citing people familiar with the matter.

What's going on with terrausd?

This feature is powered by text-to-speech technology. Want to see it on more articles? The U.S. Justice Department is investigating the collapse of the stablecoin TerraUSD, the Wall Street Journal reported late Monday, putting founder Do Kwon at risk of facing new criminal charges.

Is the Justice Department investigating the collapse of Terra's stablecoin?

According to a report from the Wall Street Journal, the Justice Department is potentially investigating the collapse of Terra’s stablecoin. The DoJ’s investigation is said to be touching the same base as the Securities and Exchange Commission (SEC) did, with the department also questioning former employees of the company.

Could do Kwon be charged with a treasury collapsing stablecoin?

The U.S. Justice Department is probing last year’s collapse of the TerraUSD stablecoin, raising the possibility of criminal charges being filed against the stablecoin’s creator, Do Kwon, according to the Wall Street Journal, citing sources familiar with the matter.