According to South Korea’s national broadcaster KBS, the Financial and Securities Crimes Joint Investigation Team of the Seoul Southern District Prosecutor’s Office in South Korea investigated and seized approximately 270 billion won (approximately US$205 million) in order to recover the improper interests of eight people including Daniel Shin, co-founder of Terraform Labs. ) properties, these assets are three properties worth 154.1 billion won, 79.1 billion won and 40.9 billion won respectively.

In addition, South Korean prosecutors also froze the properties, vehicles and stock assets of early investors and employees named as suspects in the case
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