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

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

November 20, 2022

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

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