Breaking: SEC sues Do Kwon and Terraform Labs for fraud
Breaking: SEC sues Do Kwon and Terraform Labs for fraud
The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Terraform Labs and its founder Do Kwon for “orchestrating a multi-billion dollar crypto asset securities fraud.” In a Feb. 16 statement, the SEC said Kwon and Terraform offered and sold an “inter-connected suite of crypto asset securities, many in unregistered transactions” pointing [...]
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