Daniel Shin von Terra interrogated to Luna/VAT crash (report)

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Von Krypto News Österreich

Einer der Mitbegründer von Terraform Labs – Shin Hyun-seong (besser bekannt als Daniel Shin) – erschien Berichten zufolge vor einem südkoreanischen Gericht, um über seine mögliche Rolle beim Zusammenbruch des ursprünglichen Tokens des Projekts – LUNA – und seiner algorithmischen Stablecoin verhört zu werden – UST – letztes Frühjahr. Der Absturz verursachte Anlegerverluste in Höhe von rund 40 Milliarden US-Dollar. Der Hauptschuldige dahinter – Do Kwon – wurde kürzlich in Montenegro festgenommen, nachdem er mehrere Monate auf der Flucht war. Kwons rechte Hand wird gegrillt Dem Bericht zufolge kam Shin am 30. März zum Seoul Southern District Court, um wichtige …
One of the co-founders of Terraform Labs-Shin Hyun-Song (better known as Daniel Shin)-reported in front of a South Korean court to be interrogated about his possible role in the collapse of the original tokens of the project-Luna-and its algorithmic stablecoin-VAT. The crash caused investor losses of around $ 40 billion. The main culprit behind it - do Kwon - was recently arrested in Montenegro after being on the run for several months. According to the report, Kwon's right hand was grilled on March 30 on March 30th to the Seoul Southern District Court to ... (Symbolbild/KNAT)

one of the co-founders of Terraform Labs-Shin Hyun-Seong (better known as Daniel Shin)-said in front of a South Korean court to be interrogated on his possible role in the collapse of the project of the project-Luna-and his algorithmic stable coat Spring.

The crash caused investor losses of around $ 40 billion. The main culprit behind it - do Kwon - was recently arrested in Montenegro after being on the run for several months.

Kwon's right hand is grilled

According to the report, Shin came to the Seoul Southern District Court on March 30th to give important information that could throw more light on Terra's downfall. However, he was silent when reporters asked him the following questions: "Do you admit the accusations of the request to introduce a Tmon payment method?" And "is it true that you published it even though you knew that Terra and Luna could collapse?"

The Korean authorities previously accused him of numerous crimes, including violations of the capital market law, the law on electronic financial transactions, the law on the more difficult punishment and more.

also the public prosecutor of the southern district of Seoul presumably shin before the failure of luna/ust. In particular, they claimed that he had saved Luna token without notifying the responsible guard dogs and later sold them for $ 106 million. Law enforcement officers confiscated these funds in November last year.

On the other hand, Shin said that he broke off the connection to Terraform Labs in 2020 and claims that he was not to blame for the billion-dollar collapse:

"I left (Terraform Labs) two years before the collapse of Terra and Luna and have nothing to do with the collapse."

Do Kwon's situation

After he was supposedly hidden in several countries for several months, the 31-year-old developer was finally there in the Balkannation Montenegro. Podgorica Airport was arrested, which indicates that Kwon may have prepared to flee another country. He carried a fake Belgian ID and a fake Costarican passport.

The US prosecutors quickly blamed him for the demise of Terra Calculated

The Montenegrin judges asked Kwon to remain in custody for a longer period of 30 days on local soil, but promised his right to defend against the decision. It is not yet known where he will be brought to trial, but the chances are good that he will be deported to the USA or South Korea.

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