South Korean judge dismisses arrest warrants for Terra co-founder Do Kwon’s former associates By Cointelegraph
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A judge with the Seoul Southern District Court has reportedly set aside arrest warrants for co-founder Shin Hyun-seong, along with three Terra investors and four developers.
According to an Dec. 3 report from South Korea’s Yonhap News Agency, Judge Hong Jin-Pyo said there was little risk of Shin or the Terra associates destroying evidence related to the case against the crypto firm, and dismissed warrants that the Seoul Southern District Prosecutors Office issued on Nov. 29. The report added that Terra co-founder Do Kwon, also facing legal action in South Korea for his role in the firm’s collapse, was unlikely to return to the country.
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A judge with the Seoul Southern District Court has reportedly set aside arrest warrants for co-founder Shin Hyun-seong, along with three Terra investors and four developers.
According to an Dec. 3 report from South Korea’s Yonhap News Agency, Judge Hong Jin-Pyo said there was little risk of Shin or the Terra associates destroying evidence related to the case against the crypto firm, and dismissed warrants that the Seoul Southern District Prosecutors Office issued on Nov. 29. The report added that Terra co-founder Do Kwon, also facing legal action in South Korea for his role in the firm’s collapse, was unlikely to return to the country.
Continue Reading on Coin Telegraph
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