By CryptoNews - 11 months ago - Reading Time: 1 minutes
Terraform Labs Co-founder Faces Legal Proceedings: Trial Preparations Underway
Source: UDC / YouTubeLegal proceedings have been initiated against Shin Hyun-Seong, also known as Daniel Shin, concerning charges concerning alleged illicit profits from the sale of Terra (LUNA) tokens.
The co-founder of Terraform Labs, Daniel Shin, was indicted in South Korea on April 25 in connection with the collapse of Terra and Luna cryptocurrencies. Shin, along with co-founder Do Kwon, established Terraform Labs in 2018. ...
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Original source: CryptoNews