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Market Cap:
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Cryptopolitan
2023-04-04 08:21:09

South Korean authorities seize $160 million of assets in connection with Terraform Labs’ collapse

South Korean authorities seize $160 million of assets in connection with Terraform Labs’ collapse

The Seoul Southern District Prosecutor’s Office has reportedly seized around $160 million worth of assets from eight individuals associated with Terraform Labs, including co-founder Daniel Shin. According to an April 3 report from South Korean news outlet KBS, the authorities confiscated approximately 210 billion won, which is equivalent to $160 million. Also, the properties were … South Korean authorities seize $160 million of assets in connection with Terraform Labs’ collapse Read More »

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