South Korean authorities raid Terraform Labs co-founder's company: Forkast

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Seoul Southern District Prosecutors’ Office has reportedly raided Chai Corporation, a payments technology company founded by Terraform Labs' Daniel Shin.

The wallet currently holds at least $322 million in cryptocurrencies — 87.5% of which is ether. It is now the 34th largest holder of ether.

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Source: CoinDesk - 🏆 291. / 63 Read more »