In the wake of the recent legal action against ten associates of Terraform Labs, which included the co-founder Shin Hyun-seong, known to many as Daniel Shin,…
Prosecutors from Seoul suspect that Terraform Labs and its co-founder, Do Kwon, still possess a substantial sum of money, specifically 130 billion won ($100 million), held in a Swiss bank account. This comes after recent legal action against ten associates of Terraform Labs, including co-founder Shin Hyun-seong, also known as Daniel Shin. South Korean prosecutors …<p class="read-more"> <a class="" href="https://www.cryptopolitan.com/seoul-prosecutors-allege-100m-swiss-bank-account-do-kwon/"> <span class="screen-reader-text">Seoul prosecutors allege $100 million in Swiss bank account linked to Terra co-founder Do Kwon</span> Read More »</a></p>
South Korean legislators give the go-ahead to proposed cryptocurrency regulations as a sweeping digital assets-protection bill clears its first hurdle.