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Benzinga
Benzinga
Business
Samyuktha Sriram

Terra (LUNA) Parent Reportedly Laundered $4.8M Through Shell Company

Terraform Labs, the company behind Terra (CRYPTO: LUNA), has reportedly laundered $4.8 million through a South Korean shell company.

What Happened: According to a report from South Korean publication KBS News, a former developer at Terraform Labs told the publication that Terraform Labs had ties to a “blockchain consulting firm K” based in Seoul.

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