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Terraform Labs co-founder Daniel Shin was reportedly indicted in South Korea on Tuesday in connection to final year’s implosion of TerraUSD and Luna crypto coins.
South Korea’s Yonhap, the Wall Avenue Journal and Bloomberg Information documented that Shin, 38, faces expenses such as fraud, breach of obligation and embezzlement. At minimum 8 other individuals have been also reported to be indicted on charges on unlawful buying and selling.
Bloomberg…
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