Prosecutors Investigate Former Terraform Labs Employee... Full-Scale Probe into Luna Incident Begins

[Asia Economy Reporter Yoo Byung-don] The prosecution has launched a full-scale investigation into the Luna crash incident.

According to industry sources on the 29th, the Financial and Securities Crime Joint Investigation Team of the Seoul Southern District Prosecutors' Office recently summoned a former employee who worked as a developer at Terraform Labs, the developer of Luna and Terra, for questioning as a witness.

This employee is known to have been involved in the initial development work of Luna and Terra.

The prosecution plans to summon several employees, including this individual, as witnesses to intensively investigate whether Terraform Labs officials were aware of design flaws in Luna and Terra and whether there was intentional market manipulation.