Terraform Labs Owes 78 5 Million In Taxes To South Koreas Government

Last updated: June 9, 2025, 01:02

Terraform Labs Owes 78 5 Million In Taxes To South Koreas Government

Terraform Labs paid

A recent report unveiled that South Korea’s National Tax Service (NTS) has imposed a 100 billion won ($78 million) fine on Terraform Labs and Do Kwon for alleged tax

Terraform Labs paid 100 billion won ($78.68 million) in taxes to the Korean Tax Office at the end of 2025, According to a report by Law. The headquarters of Terraform

South Korean watchdog reportedly fines Terraform Labs $78M for

South Korea

Do Kwon Pushes Back: Terraform Labs Has Fully Paid Its Taxes In

South Korea’s National Tax Service has slapped Terraform Labs with a 100 billion won (US$78.6 million) tax evasion fine, reported Hangkyung. This comes after an

South Korea fines Terra $78m in taxes: report - Tech in Asia

Terraform Labs owes $78.5 million in unpaid taxes to South

South Korean Authorities Turn the Heat on Terra, Do Kwon Faces

Terraform Labs Has Paid in Full its Taxes in South Korea

According to a report published

According to a report published in Naver news, South Korea’s national tax agency has slapped the Terraform Labs and its co-founder with a $78 million, or 100 billion

Terraform Labs has been fighting for survival as one after the other; the problems seem to pile up. According to reports, Terraform Labs faces a tax evasion fine of 100 billion won ($78.5 million)

South Korean Agency Fines Terraform Labs for Tax Evasion

One of them included owning

Terraform Labs Is Reportedly Being Sued for 100 Million Won for

According to one of the recent report, Do Kwon and Terraform Labs were fined for $78 million by tax authorities in South Korea. Kwon denied this for being true and said that his firm had paid

One of them included owning $78 million in taxes to South Korea, but Kwon refuted this, saying his firm had paid its dues. CryptoPotato summarized the events that

Just days after the legal

Just days after the legal team of Terraform Labs jumped ship, Do Kwon was reportedly ordered by South Korea’s National Tax Service to pay 100 billion won