• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Korean court rejects arrest warrant for Terra co-founder Daniel Shin

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin price rejects the $70,000 mark, an important price level to watch

Bitcoin value rejects the $70,000 mark, an significant value degree to observe

March 11, 2024
The Korean pension fund gained 40% from a $20 million investment in Coinbase shares

The Korean pension fund acquired forty% from a $twenty million investment in Coinbase shares

November 16, 2023

A Korean court has rejected a request to arrest Terraform Labs co-founder Daniel Shin on fees of illegally offering securities.

The two co-founders of Terraform Labs are Daniel Shin (left) and Do Kwon (ideal).

According to the information company YohapKorean prosecutors’ request to arrest Terraform Labs co-founder Daniel Shin and seven other folks concerned in the collapse of Terra (LUNA) and stablecoin USD was denied by the court.

The court held that, with the investigation even now ongoing, it noticed no want to detain the aforementioned individuals as there was no motive for them to flee or try to ruin proof.

Mr. Daniel Shin was previously accused by South Korean prosecutors of unlawful profiteering when he offered $105 million really worth of LUNA tokens at a substantial cost on the marketplace with out notifying traders. At the identical time, Daniel Shin is also accused of violating the Electronic Financial Transactions Act by employing buyer information from Chai, a personal firm he manages, to market LUNA. However, Mr. Shin has left Terraform Labs because March 2020 to emphasis on producing Chai.

However, the court upheld the arrest warrant for a different Terraform Labs founder, Do Kwon, whose whereabouts are even now unknown and are mentioned to be hiding in Europe.

In the aftermath of the court ruling, Terraform Labs mentioned this is a different signal that the Korean government is wanting for techniques to “extend the law to all bounds” to press fees.

Synthetic currency68

Maybe you are interested:

Tags: arrestcofounderCourtDanielKoreanRejectsShinTerrawarrant
Share76Tweet47

Related Posts

EigenCloud Launched by Eigen Labs with $70M Backing

by shark
June 23, 2025
0

Eigen Labs unveils EigenCloud, supported by $70M funding from a16z, enhancing blockchain service capabilities.

Binance Handles $3 Billion Daily USDT Transfers on Tron

by shark
June 23, 2025
0

Binance processes $3 billion in daily USDT on Tron, influencing cryptocurrency liquidity trends.

Pi Network Faces High Volatility Ahead of Token Unlock

by shark
June 23, 2025
0

Pi Network anticipates market volatility as it approaches a major token unlock, with significant implications for valuation and user engagement.

Bitcoin Dips to $102,400 Amid Altcoin Drop and Fed Decision

by shark
June 23, 2025
0

Bitcoin's price fell due to the Federal Reserve's interest rate decision, impacting the cryptocurrency market with increased volatility and investor...

Congressman Massie Proposes Federal Reserve Abolition Bill

by shark
June 22, 2025
0

Rep. Thomas Massie's Bill to Abolish Federal Reserve: Implications for U.S. Financial System and Cryptocurrencies

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • EigenCloud Launched by Eigen Labs with $70M Backing
  • Binance Handles $3 Billion Daily USDT Transfers on Tron
  • Pi Network Faces High Volatility Ahead of Token Unlock
  • Bitcoin Dips to $102,400 Amid Altcoin Drop and Fed Decision
  • Congressman Massie Proposes Federal Reserve Abolition Bill
  • Exposed Crypto OTC Scam Defrauds $50 Million
  • U.S. Spot Bitcoin ETFs Record Ninth Day of Inflows
  • Semler Scientific Targets 105,000 BTC Holding by 2027
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7