South Korean police are trying to freeze any Moon-related funds on the country’s largest crypto exchanges.

The supervisory authority of South Korea fined Terraform Labs $ 78 million for tax evasion.

Changpeng Zhao supports the Terra community, but expects more transparency from the creators.

The failed algorithmic 2020 project, Basis Cash coins, was founded by Terraform Labs employees.

The duo from TerraUSD and Luna were unable to maintain the dollar peg and were withdrawn from trading on the largest crypto exchanges.

The Anchor Protocol community suggested ways to stabilize Luna, the founder of Terra got in touch and supported the community.