[ad_1]
The submit SEC Allowed to Collaborate with South Korea in Terraform Labs Probe! appeared first on Coinpedia Fintech Information
The US Securities and Alternate Fee (SEC) has been granted permission by a US decide to cooperate with the South Korean authorities in investigating the alleged unlawful scheme involving Terraform Labs co-founder Daniel Shin and funds agency Chai Corp. The SEC is gathering proof to assist its case in opposition to Terraform Labs and its former CEO Do Kwon over their purported scheme, which is alleged to have worn out over $40 billion in crypto worth. Whereas Terraform Labs denies any wrongdoing, Kwon is dealing with legal fees in each the US and South Korea and is at present serving a four-month sentence in Montenegro for touring with a cast passport.
[ad_2]
Source link
