South Korean authorities froze a total of $92 million in assets belonging to the former and new CEOs of Kernel Labs, a subsidiary of Terraform Labs.
According to a December 20 report by a local news agency, Seoul Southern District Court has ruled that Kernel Labs’ former and current CEOs worth $92 million due to the Terra (LUNA) connection of your existence to freeze decided.
From the collapse of Terra from the most profitable people Kim Hyun-Joong, the current CEO of Kernal Labs, who is thought to be one of vice president reported to have undertaken the task.
Authorities illegally handle Kim Hyun-Joong’s Terra collapse. 61 million dollars in revenue while stating that kernel labs old About the CEO 31 million worth a dollar unfair earning found that he got it. As part of the investigation, Hyun-Joong’s going abroad prohibited.
According to information from the Seoul Southern District Court, the prosecutor’s office has no affiliation with Terraform Labs. seven of the person more your assets freezing request accepted.