Daniel Shin

Daniel Shin is a South Korean entrepreneur best known for co-founding Terraform Labs in 2018 alongside Do Kwon. Under his leadership, the company launched the cryptocurrency Luna and the stablecoin TerraUSD (UST), which gained significant attention in the cryptocurrency market. Despite the initial success of these digital assets, Terraform Labs faced a catastrophic collapse in 2022, leading to massive financial losses for investors. The fallout from the company's failure has drawn scrutiny from regulatory authorities, and Shin's role in the venture continues to be a subject of investigation as the implications of the collapse unfold.