A former employee of Terraform Labs, which carried out one of the biggest heists in the history of cryptocurrency, testified against the company’s founder.
According to the statements of Lee, a former employee of Terraform Labs, Kwon Do-hyeong and Shin Hyun-seung saw TerraUSD as an option to pay investors, even though it was against the law.
Officials in South Korea After the Terra-Luna project collapsed He then filed a lawsuit against Kwon and Shin, the founders of the company.
According to Lee’s statement, Kwon owns the stablecoin TerraUSD. cannot be used as a means of payment he was aware.
Terra CFO Han Chang-joon was extradited from Montenegro to South Korea the other day. Korean authorities are expected to launch an investigation against him.