The dramatic story of the Terra (LUNA) crash — referred to by some because the Lehman Brothers of crypto — has taken but anotherremarkable flip as authorized paperwork reveal the liquidation of two South Korean workplaces and the dissolution of the Terraform Labs Korea company within the days previous the dualcurrency collapse.

Initially reported by South Korean information outlet Digital As we speak, the knowledge obtained from the nation’s Supreme Courtroom Registry Workplace spotlight that Do Kwon efficiently instigated the liquidation of two branches and a complete firm.

Each the Busan headquarters and Seoul workplaces have been agreed to be dissolved throughout a basic shareholders assembly on April 30, with their demise being actioned on Could 4 and Could 6, respectively.

The timing of those selections has raised suspicions inside the crypto group resulting from their potential correlation to the occasions of the Terra (LUNA) and UST stablecoin monetary obliteration within the early hours of Could 10.

Why did Terra LUNA and UST crash? | Discover out on The Market Report

It is a growing story that might be up to date sooner or later.