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Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk
1.4.2023
Shin currently faces multiple fraud charges, specifically concerning allegedly hiding risks associated with investing in the in-house tokens by Terraform Labs
South Korean Court Denies Arrest Warrant for Terraform Co-Founder Daniel Shin
1.4.2023
A court in South Korea has again denied the arrest warrant for Daniel Shin, a co-founder of Terraform Labs who is being investigated for fraud. Shin has been accused of illegally profiting from the sale of over $100 million worth of the luna cryptocurrency before it collapsed. Seoul Court Leaves...
South Korean Prosecutors Make Fresh Bid to Arrest Terraform Co-founder Daniel Shin
28.3.2023
South Korean prosecutors hope to arrest Daniel Shin, the Co-founder of Terraform Labs – after officers raided his company Chai Corporation. Meanwhile, evidence appears to show that Do Kwon, the Terraform CEO, established a company in Serbia during his 11-month flight from the prosecution....
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Report: DOJ and FBI Investigating Terraform Labs in Connection to Algorithmic Stablecoin Collapse
14.3.2023
The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) are reportedly investigating the collapse of the algorithmic stablecoin terra usd (UST) and the firm Terraform Labs. Unnamed sources say that former staff members from Terraform Labs, the company behind the Terra...
Japan's Nintendo Direct Had A Very Nice Surprise
9.2.2023
Sometimes, the games announced or showcased on a Nintendo Direct are the same in the West as they are in Japan. Other times it’s not until you circle back around and check out the Japanese video that you realise it contained news of a new Summer Vacation game.Read more
SBF gets prison advice: Shave head, deepen voice and listen to rap
27.12.2022
Martin Shkreli outlined that “Sam isn’t exactly gonna be somebody that fits into prison” and that he needs to rebrand himself to fit in and make friends
S Korean Prosecutors Fail in Effort to Arrest Terraform Co-Founder Shin, Do Kwon Gloats
5.12.2022
South Korean prosecutors have suffered a blow in their bid to arrest the masterminds of the Terra ecosystem – after a court turned down a request for the arrest of the Terraform Labs Co-founder Daniel Shin. The news was met with much glee from Shin’s fellow Co-founder Do Kwon, who celebrated...
S. Korean Judge Dismisses Arrest Warrant for Terra Co-Founder Shin
2.12.2022
Daniel Shin’s arrest warrant was dismissed on Saturday local time, according to Yonhap News
Prosecutors Seek Arrest Warrant for Daniel Shin & Seven Other Terraform Players
30.11.2022
South Korean prosecutors have asked a court to issue an arrest warrant for the Terraform Labs Co-founder Daniel Shin (Korean name Shin Hyun-seong) – as well as a group of “early” Terra ecosystem “investors.”...
Read More: Prosecutors Seek Arrest Warrant for Daniel Shin & Seven Other Terraform...
Prosecutors Seeking Arrest Warrant for Terraform Labs' Daniel Shin: Yonhap
30.11.2022
Terraform Labs' co-founder is being charged with violating the Electronic Financial Transaction Act, according to media reports
South Korea Freezes $104 Million in Assets Belonging to Terra Co-Founder
20.11.2022
South Korea’s prosecutors have reportedly obtained a court order to freeze assets worth about $104 million belonging to Terraform Labs co-founder Daniel Shin. The authorities allege that he unfairly profited from selling cryptocurrency LUNA at high prices before the token crashed. Shin...
Terra’s $2.8B Defense System — Luna Foundation Guard Audit Says Group Spent More Than 80,000 Bitcoin Defending UST Peg
16.11.2022
Months after the collapse of Terra’s U.S. dollar-pegged token UST, the organization created to protect the once-stable coin, the Luna Foundation Guard (LFG), published an audit report audited by the New York-based consultancy company JS Held. According to the report, LFG claims to have spent...
Terraform Labs Co-Founder Daniel Shin’s Firm Chai Reportedly Raided by Seoul Prosecutors
16.11.2022
Following the collapse of FTX, law enforcement officials are still dealing with the Terra blockchain fiasco. A new report claims Terraform Labs (TFL) co-founder Daniel Shin’s company Chai Corporation was raided by South Korean investigators. Terraform Labs Co-Founder’s Company Chai Reportedly...
South Korean prosecutors call on Terra co-founder Shin Hyun-seong to cooperate: Report
14.11.2022
Authorities reportedly alleged Shin Hyun-seong earned roughly $105 million in profits from illegal sales of LUNA tokens before Terra's collapse
4,400 disgruntled investors are hunting for Terra's Do Kwon
20.10.2022
A retail investor group is trying to track down Terraform Labs co-founder Do Kwon following the crash of the Terra ecosystems’ cryptocurrencies
MPs to Question Terra Co-founder Daniel Shin Amid Ongoing Investigation
28.9.2022
Do Kwon and other Terraform Labs executives may still be “on the run” – but South Korean lawmakers have announced they want to question the Terraform co-founder Daniel Shin and other individuals linked with the Terra ecosystem....
Read More: MPs to Question Terra Co-founder Daniel Shin Amid Ongoing...
It's A Bummer The West's First My Summer Vacation Game Had To Be This One
8.9.2022
In 2000, a game called Boku no Natsuyasumi (“My Summer Vacation”) was released on the PlayStation. As the name suggests, it was about being a kid on summer vacation, and its slow pace and cruisy setting made it something of a cult classic, though one that sadly never saw an official...
Do Kwon, Terraform Labs Face Class-Action Lawsuit for Allegedly Selling Unregistered Securities
30.7.2022
While most of the crypto economy’s digital assets have seen significant gains this month, Terra’s luna 2.0 has been stagnant as it has shed 24.37% against bitcoin during the last 30 days. LUNA is down 89.8% from the token’s all-time price high two months ago on May...
Report: South Korean Prosecutors Raid Home of Terraform Labs Co-Founder
25.7.2022
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. Seven Cryptocurrency Exchanges Targeted...
Prosecutors Raid Home of Terra Co-Founder Daniel Shin as Do Kwon Returns to Twitter
22.7.2022
The South Korean prosecution service’s recent raid of 15 locations as part of the probe into the “Terra (LUNAC) incident” saw officers search the home of the Terraform Labs co-founder Daniel Shin.
Prosecutors are widely reported to be looking at evidence pertaining to figures at the top of...