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U.S. federal prosecutors have reportedly launched an investigation into whether Sam Bankman-Fried manipulated prices of TerraUSD (CRYPTO: USTC) and Luna (CRYPTO: LUNA) to benefit the entities he owned — cryptocurrency exchange FTX and Alameda Research. What Happened: According to a  report  by New York Times, the inquiry is in its initial phase and is part of a broader inquiry into the downfall of FTX and the possible misuse of billions of dollars of customers' money, which have reportedly gone missing.

Crypto's public enemy number one, Sam Bankman-Fried (SBF), could be investigated for market manipulation. The post SBF Faces Market Manipulation Inquiry for Terra Collapse appeared first on BeInCrypto.

Prosecutors are reportedly investigating whether FTX was involved in the collapse of TerraUSD and Luna.  The New York Times reported Wednesday (Dec. 7) that U.S.

The new alpha package for TerraDart was ready A new on-chain proposal also went available for voting recently, named Knowhere/Soil Protocol Grant Proposal  Terra [LUNA]'s alpa package for TerraDart was ready to be used and this was stated by TheArchitect123 via Twitter. According to the tweet, the new alpha package for TerraDart was ready.

LUNC, the native cryptocurrency that powers the Luna Classic blockchain, was last changing hands near $0.00017 and was just above its 21-Day Moving Average at $0.0001675. Whilst the cryptocurrency is still trading about 14% higher versus its November lows under $0.00015, it has seen a sharp pullback since nearing $0.00019 earlier this month.

After Terra Rebels announced a proposal to separate from the blockchain company Terraform Labs (TFL) and its founder and CEO Do Kwon, the LUNC community Terra Rebels Station is now up and running as an alternative to the newly announced Station wallet app.

Volunteer Terra Classic developer group Terra Rebels has announced ending support for Terra Station and will focus on Rebel Station. TerraCVita will handle support for Terra Station from now onwards.

Anonymous analyst Fat Man Terra yet again de-bunks Do Kwon's narrative about an "attack" on the UST/LUNA system

The Terra Luna Classic price prediction is bullish, as the LUNC/USD pair has gained support at $0.000169, a support level extended by an upward trendline. A recent arrest warrant issued for associates of Terra (LUNA) founder Do Kwon has apparently been thrown out by a South Korean judge.

As South Korean Police gather new evidence, the disreputable entrepreneur mockingly plans a get-together with the cops.

A South Korean judge refused an arrest warrant for Daniel Shin, whose Terraform Labs issued the terraUSD stablecoin, whose $48 billion crash spread bankruptcies across the industry.

A South Korean court presided by Judge Hong Jin-Pyo has dismissed cases affecting the Terra ecosystem. In October, the chief executive of Terraform Labs, Yoo Mo, was detained by law enforcement.

A South Korean judge has reportedly thrown out a recent arrest warrant issued for Terra (LUNA) founder Do Kwon's associates.

According to reports, Judge Hong Jin-Pyo stated that there was little chance that Shin Hyun-seong or other Terra affiliates would obliterate crucial evidence in the prosecution against the platform.

Launched by Anchor's alumni, Ambit Finance secures funds from Binance Labs to build new BUSD-based product

Some in the crypto community argue that the crash of Terra LUNA and UST opened up crypto for a fall. They are not wrong.

  LUNA now seems to be on a path to recovery. Early this month, a New York-based consultancy firm JS Held conducted a third-party audit.

A South Korean court rejected arrest warrants against Terraform Labs' co-founder Daniel Shin and seven others requested by prosecutors investigating the Terra-LUNA crisis. The judge ruled a lack of proof that executives and developers tried to destroy evidence or escape from the country.

Judge Hong Jin-Pyo reportedly said there was little risk of Shin Hyun-seong or other Terra associates destroying evidence related to the case against the platform.

LUNA 2.0 is also facing a questionable future

As the legal troubles mount up for the Terra Co-founders, the accused executives made an appearance in the South Korean court. South Korean Prosecutors were seeking arrest warrants against Daniel Shin and seven other Terra associates.

The Terra Luna Classic price has risen by 13% in the past 24 hours, reaching $0.00018137 following news of the latest Binance LUNC burn. Its current level marks a 12% rise in the past week, while the coin is down by 17% in the last 30 days, amid community wrangling over how best to support its future growth.

Daniel Shin attended a court hearing over whether he should be arrested for allegedly extracting illegal profits prior to Terra's collapse.

South Korean prosecutors could win court approval to arrest one of co-founders of Terraform Labs