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Terraform Labs Co-Founder Indicted for Terra Stablecoin Collapse

Blockchain 

Cryptocoins News / Blockchain  106 Views


Shin Hyun-seong, co-founder of Terraform Labs, has been indicted along with nine other individuals for the collapse of the Terra stablecoin ecosystem. They are accused of fraud, breach of trust, and embezzlement, with illicit profits of nearly $350 million suspected. Prosecutors have seized assets worth a total of $180 million. (Read More)
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