The post Decrypting The Truth Behind UST Crash: SEC Investigates the New Threat to Terra! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
According to sources, SEC enforcement attorneys are also looking into whether Terraform Labs, the company behind the coin known as UST, violated securities and investment product rules. Through an algorithm and trade in a related token called Luna, the stablecoin was designed to maintain a 1-to-1 peg to the US dollar. It all began with …
