According to a report in The Wall Street Journal, citing sources familiar with the matter, the US Department of Justice is investigating the collapse of the TeraUSD stablecoin.
The report states that former members of the team behind the now-defunct stablecoin TerraUSD were questioned by the Federal Bureau of Investigation and the Southern District of New York (SDNY).
The probe examines whether several prominent trading companies were involved in market rigging.
This is a developing story…
BeInCrypto has reached out to the company or the person involved in the story for an official statement regarding the recent development, but has yet to hear back.