bitcoin crash: Crypto investors should not leave the country..Government action order !! – south korea puts terra usd crypto company’s staff on no-fly list

Prosecutors say many staff at South Korea-based Terraform laboratories are unable to leave the country.

The government has imposed such a ban on employees of the company behind Terroyust, one of the staple coins that rocked cryptocurrency markets last month.

The collapse of the TerraUSD coin last month has hit many companies and industry hard. TerraUSD is calculated at a ratio of 1: 1 to the US dollar.

An official from South Korea’s Supreme Attorney’s Office has said that many Terraform Labs employees in South Korea have been banned from flying to another country.

This has made it difficult for employees working behind Terra USD and Terra Coyne blockchain to leave the country. It is said that the case will go to appeal following the order of the government.

At the same time, investors have been disappointed by the recent gradual fall in the price of Bitcoin from $ 40,000 to $ 20,000 today.