<span style="font-weight: 400;">Terraform Labs co-founder Shin Hyun-Seong has appeared in court for questioning. Local media outlets reported Hyun-Seong was questioned about the fall of Terr.</span>
<h2><span style="font-weight: 400;">Shin Daniel is interrogated</span></h2>
<span style="font-weight: 400;">The Judge <a href="https://www.fnnews.com/news/202303301053084333" target="_blank" rel="noopener">enquired</a> whether Terra Luna wanted to say something to the victims of the crash or whether he contacted representatives of the Terraform Labs oversee. More recently it has emerged that the judges may be referring to Do Kwon who has long eluded authorities. Hyun-Seong has stated that he does not believe that the company falsely advised payment services while making profits. LUNA investors don't think so and several <a href="https://www.cryptoknowmics.com/news/the-impact-of-lawsuits-on-cryptocurrencies-adoption/">lawsuits</a> have been filed.</span>
<h2><span style="font-weight: 400;">Arrested: Terraform Labs Co-Founder Do Kwon</span></h2>
<span style="font-weight: 400;">After a brief period of silence about Terraform Labs and its executives has resurfaced in the media outlets. The most notable update was the arrest of co-founder Do Kwon. Kwon has been on the run for months and the authorities are desperately seeking his arrest.</span>

<span style="font-weight: 400;">Meanwhile, the United States and South Korea have demanded his extradition. The US Department of Justice is also investigating the TerraUSD crash but Kwon could be extradited to his native South Korea.</span>
<h2><span style="font-weight: 400;">Kwon's arrest could spell the end for him</span></h2>
<span style="font-weight: 400;">Terra executives like Kwon and Daniel Shin are under close scrutiny for their actions. Various problems do not bode well for the founders and Terraform Labs is also being investigated. Singapore Police revealed earlier this month that they were investigating the company and Kwon. Investors are determined to see Terraform Labs executives brought to justice and fight their battles. But now that Kwon has been arrested the whole saga could be entering its final stage.</span>

Daniel Shin, Co-Founder Of Terraform Labs, Is In Court For Questioning

Kwon and Daniel Shin are under close scrutiny for their actions. Various problems do not bode well for the founders and Terraform Labs is also being investigated.

Sonakshi is into the crypto world ever since she heard about it and is pursuing her interest through Cryptoknowmics. She is a sensational poet, technical writer and content strategist.

Daniel Shin, Co-Founder Of Terraform Labs, Is In Court For Questioning

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