South Korea has seized $160 million in assets from eight Terraform Labs employees, including Terra (LUNA) co-founder Daniel Shin.
South Korea’s Seoul District Attorney’s Office, a local agency reported on April 3, terra co-founder known to be linked to the collapse Daniel Shin And seven in order to recover the unfair earnings of the other company employee majority real estate including 160 million dollar to existence confiscated.
The Prosecutor’s Office also of seven employees of the total ill-gotten gain. 128.4 million is the dollar while revealing seized your total amount for now 86 million He said it was dollars.
Among the assets seized by the prosecutors, respectively, 60 million dollars and 31 million worth a dollar Former Vice President of Terra Kim Mo And to an anonymous manager belonging your properties was also stated.
Authorities, the condition of the suspects has been investigated and proceeds of crime taking it back damages compensation existing assets to planned to be seized stated.
In December of last year Daniel Shin brought to court about arrest warrant Judge hong Jin-Pyo by had been rejected.
on the other hand Terraform CEO Do Kwon lasting for months of the chase in the past weeks He was captured in Montenegro.