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Published Aug 17, 2023 08:43PM ET Updated Aug 17, 2023 10:20PM ET
The United States Securities and Exchange Commission has been granted a motion to seek assistance from South Korea to question Terraform Labs co-founder Daniel Shin — as it builds its case against the firm and co-founder Do Kwon.
On Aug. 16, District Judge Jed Rakoff granted the SEC’s July 10 motion asking if it could seek to question the Terra co-founder, along with requesting documents from the Seoul-based payments provider Chai Corporation he founded.
SEC seeks to question Terraform Labs co-founder Daniel Shin in Korea