A U.S. judge approved the SEC's request for assistance from the South Korean government to investigate Terraform Labs co-founder Daniel Shin

ChainCatcher news, according to Bloomberg, a U.S. judge ruled that the U.S. Securities and Exchange Commission (SEC) can seek assistance from the South Korean government to question Terraform Labs co-founder Daniel Shin and collect evidence from payment company Chai Corp. The SEC hopes to use this to help prove its allegations that Terraform and its former CEO Do Kwon engaged in an illegal scheme that resulted in at least $40 billion in cryptocurrency losses.