- As per Yonhap’s report, Shin claimed that he had cooperated with the investigation.
- He is also being charged with the violation of the Electronic Financial Transaction Act.
After months of back and forth with Terra poster boy Do Kwon, prosecutors in South Korea have now turned their attention to the other culprits responsible for the crypto contagion earlier this year.
According to a report published by Yonhap, The Seoul Southern District Prosecutors Office has stated that it is seeking an arrest warrant for Daniel Shin Hyun-seung, one of Terraform Labs’ co-founders.
(by Suzuki Shillsalot)
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