South Korean prosecutors have requested arrest warrants for eight people, including Daniel Shin of Terra Alliance

BlockBeats news: On November 30, according to Yonhap News Agency, South Korean prosecutors were charged with fraud and malfeasance in office under the Law of Aggravated Punishment for Specific Economic Crimes, violation of the Capital Market Law, and violation of the Law on the Restriction of Illegal Credit Activities. An arrest warrant was requested for Daniel Shin of Terra Ventures and eight others, four of whom were early investors in Terra Luna and four of whom were key personnel in the development of Terra and Luna technologies. All eight remain in Korea.