South Korea: E-commerce CEO facing allegations of shilling LUNA tokens
Prosecutors alleged that the e-commerce CEO, who was identified only as Mr. A, played a major part in the collapse of Terra and may have colluded with co-founder Daniel Shin.
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Terra co-founder Daniel Shin faces fresh fraud charges
Daniel Shin allegedly ignored warnings from the Financial Supervisory Service and continued telling investors that Terra's stablecoin would debut on e-commerce platforms.
South Korean authorities freeze over $104M belonging to Terra co-founder
Terra co-founder Shin Hyun-seung denies allegations that he violated the South Korean capital markets law, which led to the freezing of over $100 million worth of funds.