Recently South Koreaarrested by terraofficials no, approximately 48 hoursreleased in.
Concentrating on the Terra crisis, South Korea continues to use its legal power. The Asian country created an intense agenda, especially with the decisions made about Terra co-founder Do Kwon. After Kwon’s arrest warrant and his passport were revoked, another move was made to the project official. Terra official Yoo was arrested for fraud by the prosecutor’s decision.
South Korean Judge Releases Terra Official
the past day Terra Labs Operations Manager YooThe arrest warrant issued for him was soon annulled by the country’s judge.
The judge who ordered the release Hong Jin-Pyo argued that the arrest warrant for the project officer was unnecessary. According to the judge, Yoo resides with his family in Seoul. For this reason, he found it unnecessary to arrest the person who was also banned from leaving the country.
Terra’s Yoo was the first official to be arrested after the crisis in May. It is alleged that the person, who is on trial for manipulation and fraud crimes, is manipulating investors thanks to the bot algorithm he has set up.
