WSJ: Terraform Labs claims case against Do Kwon is ‘highly politicized’
Cointelegraph
Published Sep 29, 2022 02:02AM ET
Updated Sep 29, 2022 03:40AM ET
Terraform Labs, the company behind the development of the Terra (LUNA) blockchain said South Korea’s case against its co-founder Do Kwon has become political, alleging prosecutors expanded the definition of a security in response to public pressure.
“We believe that this case has become highly politicized, and that the actions of the Korean prosecutors demonstrate unfairness and a failure to uphold basic rights guaranteed under Korean law,” a Terraform Labs spokesman said to The Wall Street Journal on Sept. 28.
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