Seoul – The wife of embattled Terraform Labs founder Do Kwon has secured a significant legal victory against the South Korean government. A court ruling has determined that certain real estate assets, previously frozen as part of the Terra-Luna investigation, are rightfully hers.
The court classified the properties as the woman's "special property, " acquired during her marriage to Kwon. This designation effectively shields the assets from seizure by authorities, dismissing claims that they were held nominally on Kwon's behalf.
The decision marks a crucial development in the ongoing legal saga surrounding the collapse of the Terra-Luna cryptocurrency ecosystem. As the South Korean government continues its pursuit of Kwon and his associates, this ruling could have far-reaching implications for the recovery of assets related to the high-profile case.