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SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea

Summary by Ground News
The U.S. Securities and Exchange Commission has been granted a motion to seek assistance from South Korea to question Terraform Labs co-founder Daniel Shin. The SEC sued Terraform and Kwon in February, alleging its now-collapsed cryptocurrencies TerraClassicUSD (USTC) and Terra Luna Classic (LUNC) were fraudulent. Kwon is currently in Montenegro serving a four-month prison stint.
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CointelegraphCointelegraph

SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea

Daniel Shin, a co-founder of Terraform Labs and Chai Corporation alongside Do Kwon, could face questioning from the SEC as it builds a case against Kwon and Terraform.

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Cointelegraph broke the news in on Friday, August 18, 2023.
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