South Korean authorities froze roughly $104.4 million (140 billion received) from co-founder Shin Hyun-seong primarily based on suspicion of unfair earnings. The choice to freeze Shin’s asset value over $104 million was authorized by the Seoul Southern District Court docket. The declare associated to Shin’s involvement in promoting pre-issued Terra tokens to unwary buyers. (Learn Extra)
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Because of conflicts of curiosity, SBF's attorneys drop FTX
