By CryptoNews - 1 year ago - Reading Time: 1 minutes
S Korean Court Set to Decide If LUNC Is a Security – Trial of Terraform’s Shin to Begin
The trial of the Terraform Labs Co-founder Daniel Shin is set to begin in South Korea – with prosecutors determined to prove that Terra Classic (LUNC) is a security.Shin (Korean name Shin Hyun-seong) will face trial on fraud charges on June 10.
And the media outlets Chosun Ilbo and EToday reported that legal experts are expecting a “fierce” battle in court.
South Korean law currently does not classify any cryptoasset as a “security.”...
Read More: S Korean Court Set to Decide If LUNC Is a Security – Trial of Terraform’s Shin to Begin
Original source: CryptoNews