DANIEL SHIN

SEC Collaborates with South Korea in Probing Terraform Labs and Do Kwon
Daniel Shin

SEC Collaborates with South Korea in Probing Terraform Labs and Do Kwon

The US SEC has approved collaboration with South Korea to investigate Terraform Labs and co-founders Daniel Shin and Do Kwon. The investigation focuses on Chai Corporation's use of the Terra blockchain and its relationship statements with Terraform. Shin is charged with fraud, while Kwon faces investigations in both the US and South Korea.