EDUSELL
Financial Market Examiner
Midas Crypto Vault
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
Financial Market Examiner
No Result
View All Result
Home Crypto News

Terra Luna: Investigators Reveal Suspect Behind Crash

Admin by Admin
June 16, 2022
in Crypto News
0
Terraform Labs And Do Kwon Seek Summary Judgement In SEC Battle

Terra Luna crash

0
SHARES
1
VIEWS
Share on FacebookShare on Twitter
Event Event

Analysts have investigated the Terra Luna crash of May 2o22 which shook the crypto industry. According to reports gathered, the suspects are said to be in house jobs.

An investigation by some financial watchdogs into the collapse of LUNA and UST has been traced to the Terra company.

Terra Luna crash
Terra Luna crash

New findings implicate the firm, implying the de-peg was an inside job. A wallet associated with the de-peg of TerraUSD likely belongs to Terraform Labs.

The US Securities and Exchange Commission (SEC) and South Korean authorities aided the investigation which led to huge fall in the crypto space. Terraform Labs, the company behind the tokens as well as co-founder, Do Kwon were not left out in the findings.

An investigation by Uppsala Security, Decentralized Solutions for Cyberspace Security Technology, revealed that Terraform Labs managed the wallet behind the attack.

A wallet associated with the de-pegging of algorithmic stablecoin UST has been identified and labeled as “Wallet A.”

The firm suspects that said wallet has a link to Terraform Labs. A wipeout of nearly $40 billion in market value after the LUNA-UST collapse was stated as an inside job. Terraform lab was implicated in an address during the findings.

 

 

 

Share on TwitterTweet
Share on Pinterest Share
Share on LinkedIn Share
Share on Digg Share
Tags: Crypto crashTerra LunaUST
Institutional Trading Concept Institutional Trading Concept Institutional Trading Concept
ADVERTISEMENT
Previous Post

What is Web3?

Next Post

How To Identify Crypto Scams

Admin

Admin

Next Post
Fraudster Disguised As Forbes Journalist Targets BAYC Holders

How To Identify Crypto Scams

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
yen and dollar

FOREX-Yen Flirts With Intervention Level As Dollar See Gains

October 11, 2022
AUD USD pair

Forex: AUD/USD Point To More Downside For The Aussie

October 20, 2022
Axie Infinity price

Axie Infinity Price Eyes 25% Gains Ahead of the Token Unlock

April 21, 2023
Mayowa Owolabi on battles traders need to fight

Battle Every Trader Must Fight (Part 1)- Mayowa Owolabi

August 31, 2022
XAGUSD pair

XAG/USD Climbs to Mid-$19.00s

4
Premier League Considering Partnership With NFT Crypto Platform

Premier League considering partnership with NFT crypto platform

2
EUR/USD pair

EUR/USD Recovers from 20-year Lows

2
Binance Pauses UK New User Registrations

Binance Proof-Of-Reserve Pledge Earns Support Following FTX Crisis

2
Chart patterns

Top 10 Chart Patterns Every Trader Should Know

November 29, 2023
SEC Continues Probe Into Binance.US For Potential Fraud Similar To FTX Case

SEC Continues Probe Into Binance.US For Potential Fraud Similar To FTX Case

November 28, 2023
aud nzd

Economists at MUFG Bank Analyze AUD/NZD Pair

November 28, 2023
BitMEX Founder Lashes Out At US Agencies Over Treatment of CZ

BitMEX Founder Lashes Out At US Agencies Over Treatment of CZ

November 28, 2023

Recent News

Chart patterns

Top 10 Chart Patterns Every Trader Should Know

November 29, 2023
SEC Continues Probe Into Binance.US For Potential Fraud Similar To FTX Case

SEC Continues Probe Into Binance.US For Potential Fraud Similar To FTX Case

November 28, 2023
aud nzd

Economists at MUFG Bank Analyze AUD/NZD Pair

November 28, 2023
BitMEX Founder Lashes Out At US Agencies Over Treatment of CZ

BitMEX Founder Lashes Out At US Agencies Over Treatment of CZ

November 28, 2023
Financial Market Examiner

Get all the latest Financial Market (Crypto & Forex) news, updates and other relevant resources here.

Follow Us

Browse by Category

  • Crypto News
  • Education
  • Entertainment
  • Forex News
  • Gaming
  • Review
  • Reviews
  • Stocks
  • Uncategorized

Recent News

Chart patterns

Top 10 Chart Patterns Every Trader Should Know

November 29, 2023
SEC Continues Probe Into Binance.US For Potential Fraud Similar To FTX Case

SEC Continues Probe Into Binance.US For Potential Fraud Similar To FTX Case

November 28, 2023

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

?>