Employees at Terraform Labs are accused of misappropriating cash of at least 3 billion won ($2.39 million). When the values of Terra and Luna plunged in the middle of last month, Terraform Labs attempted to trade substantial sums of crypto assets.
80 bitcoins were attempted to be stolen by an employee. It was worth over 3 billion won at the time. It was unclear whether there were many systematic embezzlements or if they were linked to Terraform Labs CEO Do Kwon, according to a police officer.
