Terraform Labs Caused Collapse Of Its Stablecoin UST? This Report Says So


The company behind the failed Terra (LUNA) ecosystem, now dubbed Terra Classic (LUNC), Terraform Labs (TFL) could be behind the collapse of its native algorithmic stablecoin UST. Per a report from CoinDesk Korea, investigators linked the company to the attack that led to UST losing its peg to the U.S. dollar. Related Reading | Bitcoin Will […]

View full article at Bitcoinist

Background Photo by Dmitry Moraine on Unsplash

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