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South Korean prosecutors have unearthed new evidence suggesting that Terraform Labs co-founder Do Kwon and former Chai CEO Shin Hyun-Sung conspired to deceive investors through fake transactions. This discovery adds another layer to the already complex case surrounding the collapse of the Terra and Luna tokens, implicating high-profile figures in the cryptocurrency space. The fraudulent chatAccording to a report by Yonhap News Agency, the Seoul Southern District Prosecutors’ Office presented new evidence to the court, revealing a chat from May 2019 between Do Kwon and Shin Hyun-Sung. This conv…

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