South Korean court freezes $93 million in assets of former and current Kernel Labs CEOs

12/20 08:00

According to Korean media Daily News, South Korea’s Seoul Southern District Court recently accepted the prosecution’s request to freeze the property of three early investors in Terra and Luna and four key personnel in technology development, including Kernel Labs, a subsidiary of Terraform Labs. 120 billion won (approximately $93 million) in assets of former and current CEOs. These individuals were accused of selling pre-release Luna for huge profits.
bullishbullishbullish4bearishbearishbearish2GostoPartilhar
Isenção de responsabilidadeO conteúdo acima não representa as posições da HTX.A HTX não faz quaisquer recomendações de negociação.

Artigos relacionados

  • Image

    4 Years After Terra’s Collapse, Hodlnaut’s Former CEO Faces Fraud Charges In Singapore Court

  • Image

    Terra Founder Do Kwon Could Face 30-Year Sentence In Potential South Korean Trial

  • Image

    Ex-Terra Insider Calls Do Kwon Case ‘Backwards’ In Explosive X Thread

Todos os comentários0Mais recentePopular

avatar
Mais recentePopular

Artigos relacionados

  • Image

    4 Years After Terra’s Collapse, Hodlnaut’s Former CEO Faces Fraud Charges In Singapore Court

  • Image

    Terra Founder Do Kwon Could Face 30-Year Sentence In Potential South Korean Trial

  • Image

    Ex-Terra Insider Calls Do Kwon Case ‘Backwards’ In Explosive X Thread