Terra USD and Luna crypto scam master extradited to the United States!

You probably remember the names Terra USD and Luna Token. Which put many people on the streets. Many have gone absolutely broke with huge investments. Surely you remember that scandal. Which is to say last three years in 2022 when these cryptocurrencies named TerraUSD and Luna collapsed and many people lost their investments. Then due to the sudden fall of these two tokens many investors lost their money and also its effect affected the whole crypto market and due to that there was a major crisis in the market. And Do Kwon's organization played the biggest role behind it.

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Do Kwon, who headed Terraform and is a Korean national, had an arrest warrant issued against him in Korea following the incident. But since then he was absconding. However, he was later arrested while traveling to Dubai. Among the charges brought against him was the crisis he created in the cryptocurrency market. He was later arrested and extradited to the United States after his arrest. Because the crisis that he deliberately created in the market caused a huge loss of money to the customers and the amount of this loss is considered to be about 40 billion dollars.

You probably don't need to say anything new about the two cryptocurrencies named TerraUSD and Luna. Maybe you too have suffered from these two coins. And the company that was responsible for the loss of your money to me and the investors is the Terraform company. Because the management of these two coins was on this institution. You may remember that these coins suddenly had a massive crash. Not only did these two coins collapse, but at that time the whole crypto market was affected by it. And behind this collapse, the United States has raised its fingers against this organization and the head of the organization. Because the US thinks that Do Kwon's organization and he is fully responsible for the collapse of these currencies and that he is involved in the multi-billion dollar crypto asset fraud.

However, despite an arrest warrant issued against the man in South Korea, he remained on the run and was arrested on his way to Dubai. But the problem is that there is no extradition agreement between the United States and South Korea with Montenegro. However, after almost a year and a half legal battle, the man has now been deported to the United States. However, the company Terraform suddenly became popular in the last few years, especially four years ago, and their two crypto coins, Luna and TerraUSD, became quite popular. Many big investors invested on it then. Even my colleagues and other people invested in it. But at last they were completely disappointed by this scandal.

But despite huge investments at the time, Terraform Labs collapsed. It lost 99 percent of its value in just two days at that time. The crash caused investors to withdraw money from other cryptocurrencies in panic. As a result, there was a huge fall in prices across the sector. Although I didn't invest in these two coins then but unfortunately one of my colleagues invested in it and he lost his entire money. However if you want to know more details about it then you can read this news .