The after-effects of the Terra (LUNA) crash are nonetheless hovering across the crypto house.
It’s simply yesterday that 15 South Korean corporations received raided by the nation’s prosecutors, to verify their reference to the terraform labs
terraform labs Blockchain Community 
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This raid and the continuing investigations on Terra (LUNA) crash noticed intense stress on LUNA worth.
South Korean Prosecutors Look For Bodily Proof
With a purpose to get proof supporting the allegations in opposition to the Terra crash, the nation’s prosecutors raided the crypto exchanges looking for bodily proof. Amongst these 15 corporations, seven have been crypto exchanges.
News1 Korea, the nation’s media, claims that the main crypto exchanges like Upbit, Bithumb, Coinone, Korbit, and Gopax have been raided to seek out out the reference to the Terra crash. Furthermore, Dunamu & Companions, the agency which operates the Upbit alternate was additionally raided.
As per the sources, round 200,000 Korean traders attained large losses after the Terra crashed in Might 2022. Additionally round 100 traders have registered a criticism in opposition to the Terraform Lab founder Do Kwon and the cofounder, Shin Hyun-Seung for fraud costs.
In the meantime, crypto hedge fund, three arrows capital 
three arrows capital Lending & Borrowing Followers : 0 View profile additionally claimed that there was a lack of round $200 million after the Terra LUNA crashed.
On July 20, 2022, stories of the raid on the corporations in reference to Terraform Labs have been disclosed. This precipitated the worth of LUNA to see a downfall. The worth of LUNA fell by nearly 8% and had a tough time climbing again up. Following a optimistic worth sample, analysts assessing the LUNA market worth have been capable of decide Terra’s future.