Terra co-founder Daniel Shin charged with fraud in South Korea

An image showing Daniel Shin onstage Screenshot: UDC via YouTube

Daniel Shin, the co-founder of Terraform Labs, was indicted in South Korea in connection with the collapsed Terra and Luna cryptocurrencies. According to reports from Bloomberg and the local Yonhap News Agency, Shin was charged on Tuesday with offenses including fraud, breach of duty, and embezzlement.

Prosecutors at Seoul Southern District Court also indicted nine other people with ties t...

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