The South Korean prosecution has investigated and seized over $200 million in properties from Terra executives and employees

ChainCatcher news, according to a report by the Korean Broadcasting System (KBS), the Southern District Prosecutors' Office in Seoul, South Korea, has seized and confiscated approximately 270 billion won (about 205 million USD) in assets to recover the illicit gains of eight individuals, including Daniel Shin, co-founder of Terraform Labs. These assets include three properties valued at 154.1 billion won, 79.1 billion won, and 40.9 billion won, respectively.

In addition, the South Korean prosecutors have frozen the properties, vehicles, and stock assets of early investors and employees listed as suspects in this case. (Source link)