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Last updated: June 16, 2025, 00:22  |  Written by: Olaf Carlson-Wee

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South Korea: Over $160M seized from Terra employees

Seoul Prosecutor's Office Confiscates $160 Million in Assets

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

The Seoul Southern District Prosecutor

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

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

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

According To An April

$160 Million in Assets Seized From Terra Employees: Report

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

South Korean Authorities Seize Terra Executives Assets Worth

According To A Report From

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

$160 Million Worth Property of Terra Employees

Authorities Seized Nearly

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

Olaf Carlson-Wee can be reached at [email protected].

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