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Daily Crunch: South Korea’s special financial crimes unit is investigating Do Kwon



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UST UGH: Terraform Labs founder Do Kwon has some ’splaining to do with South Korea’s special financial crimes unit, which has launched an investigation into the collapse of Terraform’s stablecoin TerraUSD (UST) and its sister token Luna earlier this month. Prosecutors might be first in line, but the line is growing, with investors filing a lawsuit against Kwon and his co-founder Daniel Shin over alleged charges of fraud and other financial regulation violations. Also joining are Luna Foundation Guard advisors who tell Jacquie th …

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