The trial of the Terraform Labs Co-founder Daniel Shin is set to begin in South Korea – with prosecutors determined to prove that Terra Classic (LUNC) is a security. Shin (Korean name Shin Hyun-seong) will face trial on fraud charges on June 10. And the media outlets Chosun Ilbo and EToday reported that legal experts are expecting a “fierce” battle in court. South Korean law currently does not classify any cryptoasset as a “security.”... Read More: S Korean Court Set to Decide If LUNC Is a Security – Trial of Terraform’s Shin to Begin
