Terraform co-warrant founder's for cryptocurrency collapse is denied by a court.

On Saturday, a Seoul court refused a request to detain Daniel Shin, co-founder of Terraform Labs, on suspicions of illicit profiteering prior to the dramatic collapse of the blockchain firm's cryptocurrency.

Prosecutors have also requested arrest warrants for three other Terraform Labs investors and four TerraUSD and Luna engineers.

After investors filed complaints against Do Kwon, another co-CEO, in May, Terraform Labs....