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South Korea prosecutors

South Korea Freezes $104 Million in Assets Belonging to Terra Co-Founder

South Korea Freezes 4 Million in Assets Belonging to Terra Co-FounderSouth Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly profited from selling cryptocurrency LUNA at high prices before the token crashed. Shin has denied the allegation. South Korean Authorities Freeze Terraform Labs Co-Founder’s Assets The […]

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Report: South Korean Prosecutors Raid Home of Terraform Labs Co-Founder

Report: South Korean Prosecutors Raid Home of Terraform Labs Co-FounderA team of South Korean prosecutors recently raided the home of Terraform Labs co-founder Shin Hyun-seong. During an earlier raid that targeted 15 places, including seven cryptocurrency exchanges, the prosecutors reportedly secured terra transaction data. Seven Cryptocurrency Exchanges Targeted South Korean prosecutors investigating the spectacular collapse of Terra’s LUNA cryptocurrency reportedly raided the home of […]

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