The other companies targeted by prosecutors include Kernel Labs, an affiliate of Terraform Labs, and Flexi Corporation where Do Kwon is listed as director. lunacrash ust terraform
A team of South Korean prosecutors recently raided the home of Terraform Labs co-founder Shin Hyun-seong. During an earlier raid that targeted 15 places, including seven cryptocurrency exchanges, the prosecutors reportedly secured terra transaction data.of Terra’s LUNA cryptocurrency reportedly raided the home of Terraform Labs co-founder Shin Hyun-seong on July 22.
During the search and seize raids, which also targeted Tchai Corporation, where Hyun-seong served as CEO, the prosecutors reportedly secured LUNA transaction data. According to the , the other companies targeted by prosecutors include Kernel Labs, an affiliate of Terraform Labs, and Flexi Corporation where Kwon is listed as director.Following the fall of the UST stablecoin and the LUNA cryptocurrency, authorities in South Korea have sought to impose a tougher regulatory framework for cryptocurrencies.in June that plans to create a body mandated with preventing another collapse, similar to the Terra LUNA crash, were now on the cards.
Meanwhile, as per the Korean language Chosun Biz report, the prosecutors’ raids on individuals as well as companies associated with Kwon were sparked by disgruntled LUNA investors who raised fraud allegations in their lawsuits against the CEO.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Yuga Labs 'inappropriately induced' BAYC investors: Class actionYuga Labs is facing a potential class action lawsuit for allegedly using celebrity endorsement to pump the price of BAYC NFTs and the Apecoin token, leaving investors holding the bag when the markets crashed.
Consulte Mais informação »
US Court Convicts 'My Big Coin' Founder in $6 Million Fraudulent Cryptocurrency Scheme – Regulation Bitcoin NewsA federal jury has convicted the founder of 'My Big Coin' in a fraudulent scheme that swindled $6 million from cryptocurrency investors.
Consulte Mais informação »
Elon Musk had affair with wife of Google co-founder Sergey Brin: reportThe two tech titans were longtime friends — with Musk saying that for years he regularly crashed at Brin’s Silicon Valley home
Consulte Mais informação »
Elon Musk begged Google co-founder Sergey Brin for forgiveness over alleged affair with wife: reportElon Musk reportedly begged Google co-founder Sergey Brin for forgiveness at Art Basel in Miami Beach after allegedly having an affair with his wife months earlier.
Consulte Mais informação »
Elon Musk denies report of an affair with Google co-founder Sergey Brin’s wifeThe WSJ reports the affair prompted Brin to file for divorce
Consulte Mais informação »
Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to Ukraine – Regulation Bitcoin NewsFinland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million). The sale proceeds are going to Ukraine.
Consulte Mais informação »