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South Korean Prosecutors Shut Down $1.3M Crypto Mining ‘Scam’

South Korean prosecutors have indicted an unnamed man they suspect of orchestrating a $1.3 million crypto mining “scam.” According to Asia Kyungjae, prosecutors.

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Crypto News

Prosecutors in South Korea warn that Terra-Luna cofounder Daniel Shin may be charged with fraud

In spite of repeated warnings from financial regulators that doing so was illegal, Terraform Labs Pte. cofounder Daniel Shin promoted the now-defunct Terra-Luna.

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