[로이터 연합뉴스 자료사진]
(Seoul = Yonhap News) Reporter Cha Byeong-seop = After the collapse of the Korean cryptocurrency Luna and Terra USD (UST), it seems that key personnel are coming out one after another from Terraform Labs, a blockchain company that issues these coins.
Three members of Terraform Labs’ in-house legal team resigned shortly after the Lunar and UST crash last week, The Block and CoinDesk, a media specialized in cryptocurrency, reported on the 17th (local time).
On LinkedIn, a social media for job seekers and job seekers, it was also found that these three people, including the chief advisor, were marked as resigning this month.
A source said the company’s legal work is being carried out by outside advisors due to their resignation.
Terraform Labs acknowledged that “a small number of employees left the company in a few days,” but said, “Most of the employees are firmly committed to carrying out the project’s mission.”
“Terra (ecosystem) is more than just UST, it has an incredibly passionate community and a clear vision of how it will be rebuilt,” he said.
Terraform Labs was founded in 2018 by CEO Kwon Do-hyeong, an engineer who worked at Apple and others, and Shin Hyun-seong, the founder of social commerce Tmon.
Although the company is located in Singapore, Luna and UST are classified as so-called ‘Kimchi Coins’, meaning domestic virtual currency, in that they are coins issued by companies run by Koreans.
UST is a ‘stable coin’ designed to maintain the value of one dollar at a time, and it maintains its value by adjusting the issuance of Luna using its sister coin, Luna, as collateral. UST has grown rapidly worldwide with the advantage of being more stable in value than general virtual currencies.
However, recently, the value of Luna and UST plummeted by more than 99.99% and almost disappeared, causing a huge shock to the domestic and foreign cryptocurrency markets.
CEO Kwon has announced plans to create another blockchain to revive the Terra blockchain.
However, an online vote for or against the proposal has surfaced, with more than 90% of investors opposing the proposal, and many cryptocurrency experts are not optimistic about the possibility of a solution.
According to CoinMarketCap, a cryptocurrency information site, the Luna price is 0.018 cents as of 10 am on the 18th, Korean time, and the UST price is at the level of 0.13 dollars, and there is no meaningful rebound.
Report on Kakao Talk okjebo
<저작권자(c) 연합뉴스,
Unauthorized reproduction-redistribution prohibited>
2022/05/18 11:15 Send