#AICrashOrComeback

Daniel Shin – not many mention him, and even fewer remember him, but rumors are still circulating. Singapore’s Corporate Regulatory Authority revealed that Shin still owns 8.3% of Terraform Labs. Chai Corporation also stated that Shin failed to “complete the liquidation of his remaining ownership in a timely manner,” even though his stake remained the same as of May 18. Singaporean regulatory authority documents show that Shin owned 51.2% of Chai Holdings, Chai Corporation’s parent company, while Do Kwon held 22.4% as of that date.