South Korean court freezes $92m of Terra-related funds

The Seoul Southern District Court froze 120 billion won — equivalent to $92 million as of press time — owned by former and incumbent CEOs of Terraform Labs’ affiliate firm Kernel Labs. The Korea Econo...

S.Korean Authorities Seize $92M Worth Assets Linked to Do Kwon

23 seconds ago | 2 mins read Altcoin News Kernel Labs is a subsidiary of Terraform Labs. Seoul Southern District Court granted the prosecution’s plea to seize the assets. Authorities in South Korea an...

Terra Luna affiliate Kernel Lab’s $92M frozen by court

Six months after the collapse of Terra Luna, South Korean authorities are still investigating the incident. Today, a South Korean court has frozen $92 million in assets related to Terra tokens. The CE...

S.Korea Freezes $92M Worth Terra Linked Asset

South Korean authorities have frozen 120 Billion Won ($92 million) worth of assets from the executives of Kernel Labs, an affiliate of Terraform Labs, The Korea Economics Daily reported. According to ...

South Korean court freezes $92M in assets related to Terra tokens

More than six months after the collapse of the Terra ecosystem, South Korean authorities continue to investigate and freeze the funds of persons involved in Terra. After seizing 140 billion won ($108 ...

Wintermute repays $92M TrueFi loan on time despite suffering $160M hack

When Wintermute, a cryptocurrency market maker, lost $160 million due to a hack, concerns related to the repayment of debt worth $189.4 million surfaced. However, in an exciting turn of events, Winter...

Mina ecosystem raises $92M to build the lightweight blockchain for Web3

The Mina Ecosystem secured $92M through strategic and private sales of MINA led by FTX Ventures and Three Arrows Capital, with the participation by FTX representing the venture fund’s first major back...

Mina Foundation Raises $92m to Boost Zero-Knowledge Proof Technology

Mina Foundation, the blockchain outfit responsible for developing and managing the world’s lightest blockchain, Mina Protocol, has pulled the sum of $92 million in funding from investors led by Three ...