Blockchain security firms Uppsala Security and CoinDesk Korea conducted an in-depth analysis of the transaction history of TerraUSD attacker wallet (0x8d47f08ebc5554504742f547eb721a43d4947d0a) “Wallet A”.
The attacker’s wallet that inferred to deal a fatal blow to the algorithm Stablecoin Terra USD (UST) was one managed by TerraformLabs. The Terra crash, which caused losses for investors of tens of trillions of won, was not an external attack, but an internal act.
It is reported that the South Korean prosecutors who are investigating the Terra incident have also confirmed this situation and are continuing to investigate further.
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