Lawyers For Terra Co-Founder Daniel Shin Ask For More Time In Preliminary Hearing

Summary: Co-Founder of Terraform Labs Daniel Shin needs more time to mount his defense, lawyers told a Seoul Court on Monday. Shin’s April indictment alleges that the former Terra exec and seven other former company employees broke South Korea’s Capital Markets Act. South Korean investigators are also looking to prosecute founder Do Kwon who is in a Montenegrin jail cell for forging travel papers. The first hearing for a case against Terraform co-founder Daniel Shin held on Monday following the