Former Terra developer testifies in South Korean court accusing Do Kwon of intentionally defrauding investors
According to reports from local media, Lee, a former developer at Terraform Labs, testified that co-founders Do Kwon and Shin Hyun-seung continue to promote TerraUSD stablecoin as a potential payment option for investors, despite knowing that such products are prohibited by local regulations. These testimonies were obtained during the third trial of eight former Terraform Labs members, including Shin, who were questioned as witnesses. Lee's full name was not disclosed due to privacy regulations in South Korea.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RLUSD Can Be Frozen for Compliance, Ripple CTO Admits

BlackRock to File XRP ETF Only After SEC Lawsuit Resolution, Expert Says

ZKsync sunsets liquidity program amid bearish market
Watch these Bitcoin price levels as BTC retests key $84K resistance
Trending news
MoreCrypto prices
More








