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Search Results for: terra

South Korean court confiscates $92M in assets linked to Terra tokens
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23 December, 2022

South Korean court confiscates $92M in assets linked to Terra tokens

The assets were obtained from Kernel Labs—a firm close to Terra—and according to court documents, Kernel Labs’ CEO Kim Hyun-Joong...
Terraform Labs co-founder Do Kwon reportedly hiding out in Serbia, authorities say
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14 December, 2022

Terraform Labs co-founder Do Kwon reportedly hiding out in Serbia, authorities say

It remains unclear why Kwon chose Serbia, but South Korean authorities are not ruling out the possibility that the embattled...
South Korea: Arrest warrant for former Terraform Labs employees dismissed
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5 December, 2022

South Korea: Arrest warrant for former Terraform Labs employees dismissed

A court in South Korea dismissed the arrest warrants against former Terraform Labs workers, comprising four engineers and three early-stage...
Terra co-founder Daniel Shin faces fresh fraud charges
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1 December, 2022

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...
South Korean authorities freeze over $104M belonging to Terra co-founder
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24 November, 2022

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...
South Korea: Daniel Shin’s Chai Corp. offices raided over alleged links with Terra
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21 November, 2022

South Korea: Daniel Shin’s Chai Corp. offices raided over alleged links with Terra

Prosecutors stormed Chai Corporation, the payments technology company founded by Daniel Shin, on the allegations that it misused its customers'...
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