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The Daily Hodl
2022-11-20 21:00:46

$104,000,000 Seized From Terra (LUNA) Co-Founder by South Korean Authorities: Report

$104,000,000 Seized From Terra (LUNA) Co-Founder by South Korean Authorities: Report

South Korean authorities have reportedly seized over $100 million from Shin Hyun-seong, the co-founder of collapsed stablecoin issuer Terra (LUNA). According to a new report by YTN Korea, a court has frozen the funds of Hyun-seong at the request of prosecutors. Hyung-seong is accused of selling pre-issued LUNA tokens to unaware customers before the firm’s The post $104,000,000 Seized From Terra (LUNA) Co-Founder by South Korean Authorities: Report appeared first on The Daily Hodl .

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