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Category: Algorithmic stablecoin

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Alexander Osipovich Algorithmic stablecoin Blockchain CHAI Charges co-founder Cryptocurrency Daniel Shin dismissal DOJ Dubai FBI Fraud Investigation investigators lawyer LUNA Luna 2.0 Money Laundering multibillion-dollar News probe relationship SDNY SEC securities fraud Serbia Social media South Korea south korean Terra USD terraform labs TFL CEO unusual UST Wall Street Journal

Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse

Mar 14, 2023 Robert Brown

The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed…

$1 Parity 'undepeggable' Algorithmic stablecoin Altcoins depegging deviation discrepancy Neutrino Protocol neutrino usd Neutrino usd (USDN) NSBT Sasha Ivanov Smart Utility Recapitalization Feature Stablecoin Stablecoin USDN Stablecoins surf USDN USDN stablecoin WAVES Waves Stablecoin

Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week

Sep 6, 2022 Robert Brown

Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97…

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