South Korea has revived the ‘Yeouido Grim Reaper’ financial crimes task force to investigate the collapse of Terra’s (CRYPTO: LUNA) stablecoin TerraUSD (CRYPTO: UST).
What Happened: According to a report from local news publication SBS, the Yeouido Grim Reaper team was officially reinstated on Wednesday after disbanding over two years ago.
The task force consists of 48 people made up of seven prosecutors and other executives serving in the Financial Services Commission and the Financial Supervisory Service.
The group will look into …
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