U.S. judge allows SEC to seek South Korean government's assistance on Terra

08/17 23:15

A US judge ruled that the US Securities and Exchange Commission (SEC) can seek assistance from the South Korean government to question Terraform Labs co-founder Daniel Shin and collect evidence from payment company Chai Corp. The SEC hopes to interrogate Shin and obtain documents from Chai to help prove its lawsuit accusing Terraform and its former CEO Kwon of implementing an illegal scheme that caused the loss of at least $4 billion in cryptocurrency value.
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