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cryptonews

2022-11-19 12:09:00

South Korean Authorities Seize $100 Million From Terra Luna Co-Founder

South Korean Authorities Seize $100 Million From Terra Luna Co-Founder

South Korean officials have confiscated over $100 million worth of funds belonging to Terraform Labs co-founder Shin Hyun-Seong (Daniel Shin). According to a Thursday report by South Korean local publication YTN, a South Korean court authorized the confiscation of 140 billion won ($104 million) worth of funds belonging Hyun-Seong that he allegedly earned for selling LUNA (currently LUNC) at a high price before its meltdown. ... Read More: South Korean Authorities Seize $100 Million From Terra Luna Co-Founder

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