The Seoul Southern District Prosecutors Office raided Chai Corporation, a payment technology company founded by Terraform Labs co-founder Daniel Shin, Forkast reported. Chai had previously partnered with Terraform Labs to integrate Terra’s Korean won stablecoin, KRT, into its payments service, and prosecutors allege the company used customers’ personal information without their consent to launch the service. In addition, earlier this week, the prosecutor's office also subpoenaed Daniel Shin to investigate whether he had violated the law by storing pre-launch LUNA tokens without notifying ordinary investors and then selling them for a profit of $106 million. capital market law.