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Re:UST Stablecoin Loses Dollar Peg by kemayo on Monday May 09, 2022 @09:46PM (#31322411)
Thus the mention of extradition treaties, which mean (to a loose approximation) that other countries agree to let some US rules get enforced on people in their borders.

In Terraform's case, it looks like they're in Singapore. Which the US does indeed have an extradition treaty with.

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