Do Kwon's wife wins appeal against South Korea's decision to seize her property

2024-07-11 09:30

According to the Korean Economic News, the wife of Do Kwon, founder of Terraform Labs, has won all appeals against the South Korean government's decision to confiscate her real estate shares and sell her apartment rights. Terraform Labs is the company behind the bankrupt stablecoin TerraUSD and cryptocurrency Luna. The court ruled that these disputed assets were purchased by her in her personal name during the existence of her marriage to Kwon.

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