TerraUSD Crash: S.Korea Calls Terra CEO For Parliamentary Hearing

TerraUSD Crash

  • South Korea’s ruling party demanded Do Kwon attend a parliamentary hearing on the TerraUSD crash.
  • The party also called other crypto exchange officials for the hearing.
  • Country’s Regulatory agencies have opened emergency inspections into LUNA, UST transactions.

Stressing its side for cryptocurrency, South Korea’s ruling party called crypto developer Do Kwon, to attend a parliamentary hearing on TerraUSD’s crash. In the recent presidential election, the president-elect Yoon Suk-yeol of the ruling party — the People Power Party — focused on crypto developments in the country.