An arrest warrant for Terra co-founder Daniel Shin has been dismissed by a Korean court, according to Yonhap News. By NelWang
The arrest warrant for Daniel Shin, who founded stablecoin issuer Terraform Labs with Do Kwon, was dismissed by a South Korean court on Saturday local time, according to Yonhap News.
"Considering the attitude toward the investigation, the circumstances, process and contents of the statement, it is difficult to see that there is a risk of destroying evidence or escaping beyond the scope of exercising the right to legitimate defense," Hong Jin-pyo, chief judge in charge of warrants at the Seoul Southern District Court, said, according to Yonhap.
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