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Last updated: June 18, 2025, 01:43  |  Written by: Marc Andreessen

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Prosecutors In South Korea Have

South Korea: Over $160M seized from Terra employees

$160 Million Worth Property of Terra Employees

Prosecutors in South Korea have seized property tied to eight Terraform Labs employees to ensure they remain a part of potential criminal proceedings.

The Seoul Southern District Prosecutor

Authorities seized nearly $160 million in property associated with former Terra workers, primarily in the form of real estate. Prosecutors allegedly took possession of houses

According to an April 3 report from South Korean news outlet KBS, authorities seized roughly 210 billion won$160 million at the time of publicationworth of property connected to former

The Seoul Southern District Prosecutor's Office has reportedly taken control of houses and properties connected to the collapse of Terraform Labs, including co-founder Daniel Shin, in

The Total Value Of Seized

The total value of seized property amounts to 210 billion won or about $160 million at the time of writing. Most of it consists of real estate, with the unnamed executive

According to a report from local media publication KBS News, the financial and securities crime division from the Seoul Southern District Prosecutors Office collected 210

Terra faces more legal trouble as authorities seize $160 million in

Seoul Prosecutor's Office Confiscates $160 Million in Assets

$160 Million in Assets Seized From Terra Employees: Report

South Korean authorities seize $160M in assets tied to Terra

South Korean Authorities Seize Terra Executives Assets Worth

Marc Andreessen can be reached at [email protected].

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