Terra's Yoo Mo released in South Korea after his arrest warrant is dismissed
Yoo Mo was arrested last week on charges of violating the Capital Markets Act as a key member of the Terra group, but a South Korean court has dismissed his arrest.
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Yoo Mo was arrested last week on charges of violating the Capital Markets Act as a key member of the Terra group, but a South Korean court has dismissed his arrest.
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The executive is one of the five TFL employees for whom the South Korean prosecutors issued an arrest warrant on Sept. 14.
South Korea's extensive probe into the LUNA and UST meltdown is gaining ground with the arrest of Do Kwon's key aide, Yoo Mo, who is being accused of fraud and inflating token prices using bots.
The arrest warrant for a Terraform Labs employee connected to Do Kwon has been thrown out by a judge in South Korea.